Knorr-Bremse (ETR:KBX) Stock Price Down 0.3% – Here’s Why

Shares of Knorr-Bremse AG (ETR:KBX) dropped 0.3% during mid-day trading on Thursday . The company traded as low as €71.50 ($75.26) and last traded at €71.80 ($75.58). Approximately 56,941 shares were traded during trading, The stock had previously closed at €72.00 ($75.79).

Knorr-Bremse Trading Down 0.3 %

The company has a quick ratio of 1.10, a current ratio of 1.40 and a debt-to-equity ratio of 70.00. The company has a market capitalization of $11.57 billion, a P/E ratio of 19.25, a price-to-earnings-growth ratio of 16.71 and a beta of 0.96. The business has a fifty day moving average price of €77.38 and a 200 day moving average price of €74.12.

Knorr-Bremse Company Profile

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.