Dr. Hönle (ETR:HNL) Shares Down 1.3% – Here’s What Happened

Dr. Hönle AG (ETR:HNL)’s share price fell 1.3% during trading on Thursday . The stock traded as low as €9.36 and last traded at €9.44. 2,844 shares traded hands during mid-day trading, The stock had previously closed at €9.56.

Dr. Hönle Stock Down 1.3%

The company has a debt-to-equity ratio of 63.28, a quick ratio of 0.85 and a current ratio of 1.77. The firm’s 50-day moving average is €9.16 and its 200 day moving average is €8.28. The firm has a market capitalization of $56.26 million, a PE ratio of -4.24, a price-to-earnings-growth ratio of -0.39 and a beta of 1.45.

Dr. Hönle Company Profile

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.