Knorr-Bremse (ETR:KBX) Stock Price Up 0.2% – Time to Buy?

Knorr-Bremse AG (ETR:KBX) shares shot up 0.2% during mid-day trading on Thursday . The company traded as high as €104.70 and last traded at €104.10. Approximately 142,526 shares changed hands during trading, The stock had previously closed at €103.90.

Knorr-Bremse Stock Up 0.2%

The firm’s 50 day moving average price is €101.42 and its two-hundred day moving average price is €100.24. The firm has a market capitalization of $17.17 billion, a PE ratio of 28.15, a P/E/G ratio of 16.71 and a beta of 1.11. The company has a quick ratio of 1.10, a current ratio of 1.72 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.