Knorr-Bremse (ETR:KBX) Stock Price Down 0.4% – Here’s Why

Knorr-Bremse AG (ETR:KBX) shares traded down 0.4% on Friday . The stock traded as low as €93.20 and last traded at €94.45. 60,342 shares traded hands during mid-day trading, The stock had previously closed at €94.85.

Knorr-Bremse Stock Down 0.4%

The firm has a market cap of $15.58 billion, a P/E ratio of 25.54, a price-to-earnings-growth ratio of 16.71 and a beta of 0.96. The company’s 50-day simple moving average is €86.30 and its 200 day simple moving average is €85.39. The company has a debt-to-equity ratio of 131.90, a current ratio of 1.64 and a quick ratio of 1.10.

About Knorr-Bremse

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.