Krones (ETR:KRN) Shares Cross Below Fifty Day Moving Average – What’s Next?

Shares of Krones AG (ETR:KRNGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of €112.89 and traded as low as €112.80. Krones shares last traded at €114.20, with a volume of 25,495 shares trading hands.

Krones Trading Up 1.2%

The company has a quick ratio of 0.98, a current ratio of 1.42 and a debt-to-equity ratio of 7.94. The company has a 50-day moving average price of €112.89 and a 200-day moving average price of €120.23. The company has a market capitalization of $3.74 billion, a price-to-earnings ratio of 14.96, a P/E/G ratio of 0.78 and a beta of 0.93.

Krones Company Profile

(Get Free Report)

Krones AG, together with its subsidiaries, engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology in Germany and internationally. It operates in three segments, Filling and Packaging Technology, Process Technology, and Intralogistics. The Filling and Packaging Technology segment offers machines and lines for stretch blow molders, bottle washing, filling, inspection, labelling, conveying, product packing, palletizing, treatment, technology products, as well as for producing PET containers and converting used plastic bottles into food-grade recycled material.

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