Knorr-Bremse (ETR:KBX) Trading Down 0.8% - Here's Why

Knorr-Bremse AG (ETR:KBX - Get Free Report)'s stock price traded down 0.8% during mid-day trading on Friday . The company traded as low as €87.80 ($96.48) and last traded at €89.05 ($97.86). 239,898 shares traded hands during trading, The stock had previously closed at €89.75 ($98.63).

Knorr-Bremse Stock Up 0.7 %

The firm has a market cap of $15.30 billion, a price-to-earnings ratio of 25.09, a price-to-earnings-growth ratio of 16.71 and a beta of 0.96. The company has a current ratio of 1.64, a quick ratio of 1.10 and a debt-to-equity ratio of 131.90. The stock has a 50-day moving average of €78.87 and a 200-day moving average of €76.28.

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.