Koenig & Bauer (ETR:SKB) Shares Up 2.1% - Here's What Happened

Koenig & Bauer AG (ETR:SKB - Get Free Report) rose 2.1% during mid-day trading on Wednesday . The stock traded as high as €14.74 ($16.75) and last traded at €14.46 ($16.43). Approximately 29,677 shares were traded during trading, a decline of 43% from the average daily volume of 51,918 shares. The stock had previously closed at €14.16 ($16.09).

Koenig & Bauer Stock Up 4.5 %

The company's 50-day simple moving average is €15.59 and its two-hundred day simple moving average is €13.64. The firm has a market capitalization of $257.02 million, a P/E ratio of -4.11, a P/E/G ratio of 6.13 and a beta of 1.50. The company has a debt-to-equity ratio of 87.00, a current ratio of 1.44 and a quick ratio of 0.36.

Koenig & Bauer Company Profile

Koenig & Bauer AG develops and manufactures printing and postprint systems worldwide. It operates through three segments: Sheetfed, Digital & Webfed, and Special. The Sheetfed segment offers offset presses for packaging and commercial printing, as well as workflow and logistics solutions; and peripheral equipment for finishing and processing printed products, such as rotary/flatbed die cutters and folding-box gluing lines.