Koenig & Bauer (ETR:SKB) Shares Cross Below 50 Day Moving Average – What’s Next?

Shares of Koenig & Bauer AG (ETR:SKBGet Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of €8.82 and traded as low as €8.53. Koenig & Bauer shares last traded at €8.53, with a volume of 10,948 shares trading hands.

Koenig & Bauer Price Performance

The firm has a market cap of $145.47 million, a P/E ratio of -2.33, a PEG ratio of 6.13 and a beta of 1.19. The company has a debt-to-equity ratio of 88.02, a current ratio of 1.40 and a quick ratio of 0.36. The company’s 50-day moving average is €8.82 and its two-hundred day moving average is €8.92.

Koenig & Bauer Company Profile

(Get Free Report)

Koenig & Bauer AG develops and manufactures printing and postprint systems worldwide. It operates through three segments: Sheetfed, Digital & Webfed, and Special. The Sheetfed segment offers offset presses for packaging and commercial printing, as well as workflow and logistics solutions; and peripheral equipment for finishing and processing printed products, such as rotary/flatbed die cutters and folding-box gluing lines. The Digital & Web segment provides digital and offset web-fed presses for decor, flexible packaging, and newspaper and commercial printing applications.

Further Reading

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