Shares of Krones AG (ETR:KRN – Get Free Report) dropped 0.9% during mid-day trading on Wednesday. The company traded as low as €113.00 and last traded at €113.60. 21,287 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 33,680 shares. The stock had previously closed at €114.60.
Krones Stock Up 0.4%
The firm’s 50-day simple moving average is €111.48 and its 200 day simple moving average is €118.71. The company has a market cap of $3.70 billion, a P/E ratio of 12.02, a PEG ratio of 0.78 and a beta of 0.93. The company has a debt-to-equity ratio of 7.94, a quick ratio of 0.98 and a current ratio of 1.42.
About Krones
Krones AG, together with its subsidiaries, engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology in Germany and internationally. It operates in three segments, Filling and Packaging Technology, Process Technology, and Intralogistics. The Filling and Packaging Technology segment offers machines and lines for stretch blow molders, bottle washing, filling, inspection, labelling, conveying, product packing, palletizing, treatment, technology products, as well as for producing PET containers and converting used plastic bottles into food-grade recycled material.
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