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Knorr-Bremse (ETR:KBX) Stock Price Down 2.4% - Here's What Happened

Knorr-Bremse logo with Consumer Cyclical background

Knorr-Bremse AG (ETR:KBX - Get Free Report)'s stock price fell 2.4% during mid-day trading on Friday . The company traded as low as €80.05 ($87.97) and last traded at €80.85 ($88.85). 257,510 shares were traded during mid-day trading, The stock had previously closed at €82.80 ($90.99).

Knorr-Bremse Stock Performance

The firm has a market cap of $12.52 billion, a price-to-earnings ratio of 20.52, a P/E/G ratio of 16.71 and a beta of 0.96. The business's 50-day simple moving average is €83.43 and its two-hundred day simple moving average is €77.41. The company has a quick ratio of 1.10, a current ratio of 1.64 and a debt-to-equity ratio of 131.90.

About Knorr-Bremse

(Get Free Report)

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.

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