Krones (ETR:KRN) Stock Price Down 1.1% – Here’s Why

Krones AG (ETR:KRN)’s share price traded down 1.1% on Wednesday . The company traded as low as €120.20 ($130.65) and last traded at €121.60 ($132.17). 20,144 shares traded hands during trading, a decline of 40% from the average session volume of 33,680 shares. The stock had previously closed at €123.00 ($133.70).

Krones Stock Down 0.3 %

The company has a market capitalization of $3.78 billion, a P/E ratio of 15.84, a PEG ratio of 0.78 and a beta of 1.14. The company has a debt-to-equity ratio of 7.17, a current ratio of 1.30 and a quick ratio of 0.98. The company has a 50 day moving average of €124.28 and a 200-day moving average of €123.73.

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.