Koenig & Bauer (ETR:SKB) Share Price Crosses Below 50 Day Moving Average – What’s Next?

Koenig & Bauer AG (ETR:SKB) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of €8.77 and traded as low as €8.74. Koenig & Bauer shares last traded at €9.09, with a volume of 8,947 shares.

Koenig & Bauer Price Performance

The company’s fifty day moving average is €8.77 and its two-hundred day moving average is €9.01. The firm has a market capitalization of $149.63 million, a price-to-earnings ratio of -2.39, a price-to-earnings-growth ratio of 6.13 and a beta of 1.19. The company has a quick ratio of 0.36, a current ratio of 1.45 and a debt-to-equity ratio of 84.16.

About Koenig & Bauer

Koenig & Bauer AG develops and manufactures printing and postprint systems worldwide. It operates through three segments: Sheetfed, Digital & Webfed, and Special. The Sheetfed segment offers offset presses for packaging and commercial printing, as well as workflow and logistics solutions; and peripheral equipment for finishing and processing printed products, such as rotary/flatbed die cutters and folding-box gluing lines. The Digital & Web segment provides digital and offset web-fed presses for decor, flexible packaging, and newspaper and commercial printing applications.