Klöckner & Co SE (ETR:KCO) Shares Up 1.5% – Time to Buy?

Klöckner & Co SE (ETR:KCOGet Free Report) shares were up 1.5% on Wednesday . The stock traded as high as €7.97 ($8.57) and last traded at €7.87 ($8.46). Approximately 118,403 shares traded hands during trading, a decline of 80% from the average daily volume of 600,641 shares. The stock had previously closed at €7.75 ($8.33).

Klöckner & Co SE Stock Up 1.5 %

The stock has a market capitalization of $790.05 million, a price-to-earnings ratio of -2.98, a P/E/G ratio of -0.08 and a beta of 1.89. The business’s 50 day simple moving average is €6.10 and its 200-day simple moving average is €5.24.

Klöckner & Co SE Company Profile

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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.

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