Knorr-Bremse (ETR:KBX) Stock Price Up 1.4% – What’s Next?

Knorr-Bremse AG (ETR:KBX)’s stock price rose 1.4% during trading on Thursday . The company traded as high as €103.90 and last traded at €102.70. Approximately 186,888 shares were traded during mid-day trading, The stock had previously closed at €101.30.

Knorr-Bremse Stock Up 1.4%

The company’s 50 day moving average price is €100.70 and its two-hundred day moving average price is €98.51. The firm has a market cap of $16.94 billion, a PE ratio of 27.77, a PEG ratio of 16.71 and a beta of 1.11. The company has a current ratio of 1.72, a quick ratio of 1.10 and a debt-to-equity ratio of 97.26.

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.