HORNBACH Holding AG & Co. KGaA (ETR:HBH) Shares Down 2% – Here’s Why

Shares of HORNBACH Holding AG & Co. KGaA (ETR:HBHGet Free Report) fell 2% on Tuesday . The stock traded as low as €71.00 ($73.96) and last traded at €71.90 ($74.90). 42,260 shares traded hands during mid-day trading, an increase of 197% from the average session volume of 14,225 shares. The stock had previously closed at €73.40 ($76.46).

HORNBACH Holding AG & Co. KGaA Stock Performance

The firm has a 50-day simple moving average of €82.11 and a two-hundred day simple moving average of €80.63. The company has a current ratio of 1.87, a quick ratio of 0.51 and a debt-to-equity ratio of 75.05. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 6.67, a price-to-earnings-growth ratio of 5.45 and a beta of 1.36.

HORNBACH Holding AG & Co. KGaA Company Profile

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HORNBACH Holding AG & Co KGaA, through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries. Its stationary stores offer hardware/electrical, paint/wallpaper/flooring, construction materials/timber/prefabricated components, sanitary/tiles, and garden hardware/plants.

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