Knorr-Bremse (ETR:KBX) Stock Price Up 0.3% – Here’s Why

Knorr-Bremse AG (ETR:KBX – Get Free Report) traded up 0.3% on Wednesday. The company traded as high as €97.55 and last traded at €97.50. 123,047 shares traded hands during trading, The stock had previously closed at €97.20.

Knorr-Bremse Price Performance

The stock has a 50-day moving average price of €101.71 and a 200-day moving average price of €102.14. The company has a market capitalization of $14.81 billion, a price-to-earnings ratio of 24.28, a PEG ratio of 16.71 and a beta of 1.11.

About Knorr-Bremse

(Get Free Report)

Knorr-Bremse AG, together with its subsidiaries, engages in the development, production, marketing, and servicing of braking and other systems for rail and commercial vehicles worldwide. The company operates in two segments, Rail Vehicle Systems and Commercial Vehicle Systems. The Rail Vehicle Systems segment offers braking systems, entrance and HVAC systems, sanitary systems, coupling systems, digital solutions, smart services for optimizing rail traffic, power electrics, rail computing and communication (RCC)/TCMS, signaling systems, stationary and mobile testing equipment, windshield wiper and wash systems, and extensive aftermarket solutions.

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