Klöckner & Co SE (ETR:KCO) Shares Up 0.3% – Here’s Why

Klöckner & Co SE (ETR:KCO) shares rose 0.3% during mid-day trading on Monday . The stock traded as high as €12.36 and last traded at €12.36. 51,247 shares changed hands during trading, a decline of 91% from the average daily volume of 600,641 shares. The stock had previously closed at €12.32.

Klöckner & Co SE Stock Performance

The firm has a fifty day simple moving average of €12.38 and a 200 day simple moving average of €11.91. The company has a current ratio of 2.38, a quick ratio of 0.80 and a debt-to-equity ratio of 69.48. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of -4.69, a PEG ratio of -0.08 and a beta of 1.23.

About Klöckner & Co SE

Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. The company operates through three segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU. It offers flat steel products; long steel products; tubes and hollow sections; stainless steel and high-grade steel; and aluminum products for building installations, roof and wall construction, and water supply. The company also provides various services, including cutting and splitting of steel strips; forming and manufacturing of pressed parts; CNC turning/milling; 2D/3D tube laser cutting; laser and water jet cutting; structural steel processing; plasma and oxy-fuel cutting; shot blasting and primer painting; and sawing/drilling/rounding off.