Dr. Hönle (ETR:HNL) Shares Down 3.3% – Here’s Why

Dr. Hönle AG (ETR:HNLGet Free Report) shares were down 3.3% during trading on Thursday . The company traded as low as €8.88 and last traded at €8.88. Approximately 3,017 shares changed hands during mid-day trading, The stock had previously closed at €9.18.

Dr. Hönle Trading Down 3.3%

The business has a fifty day simple moving average of €8.64 and a 200-day simple moving average of €8.07. The company has a debt-to-equity ratio of 62.78, a quick ratio of 0.85 and a current ratio of 1.80. The firm has a market cap of $52.92 million, a price-to-earnings ratio of -3.99, a PEG ratio of -0.39 and a beta of 1.45.

About Dr. Hönle

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Dr. Hönle AG engages in the supply of industrial UV technologies and systems in Germany and internationally. The company operates through three segments: Adhesives, Equipment & Systems, and Glass & Lamps. The Adhesives segment provides industrial adhesives for applications, such as consumer electronics, automotive, optics and opto-electronics, medical technology, and glass processing. The Equipment & Systems segment engages in the provision of solutions used for drying inks and coatings, curing adhesives and plastics, disinfecting surfaces, and solar simulation.

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