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Drägerwerk AG & Co. KGaA (ETR:DRW3) Shares Down 1.1% - Here's Why

Drägerwerk AG & Co. KGaA logo with Medical background

Drägerwerk AG & Co. KGaA (ETR:DRW3 - Get Free Report)'s share price dropped 1.1% during mid-day trading on Friday . The company traded as low as €55.70 ($58.63) and last traded at €55.90 ($58.84). Approximately 14,593 shares changed hands during trading, a decline of 57% from the average daily volume of 33,804 shares. The stock had previously closed at €56.50 ($59.47).

Drägerwerk AG & Co. KGaA Stock Down 1.1 %

The company has a debt-to-equity ratio of 32.13, a quick ratio of 0.81 and a current ratio of 1.88. The firm has a market capitalization of $480.74 million, a price-to-earnings ratio of 9.06, a PEG ratio of 1.24 and a beta of -0.31. The firm has a fifty day moving average price of €46.72 and a 200 day moving average price of €46.90.

Drägerwerk AG & Co. KGaA Company Profile

(Get Free Report)

Drägerwerk AG & Co KGaA operates as a medical and safety technology company worldwide. It develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency medicine, perioperative care, intensive care, and perinatal medicine. The company also develops, produces, and markets products, system solutions, and services for personal protection, gas detection technology, and integrated hazard management to customers in industry and mining sectors, as well as public sectors, such as fire departments, police, and disaster protection.

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