Koenig & Bauer (ETR:SKB) Shares Up 1.2% - Here's What Happened

Koenig & Bauer logo with Industrials background

Koenig & Bauer AG (ETR:SKB - Get Free Report)'s stock price shot up 1.2% on Wednesday . The company traded as high as €16.90 ($17.60) and last traded at €16.50 ($17.19). 41,750 shares were traded during mid-day trading, a decline of 20% from the average session volume of 51,918 shares. The stock had previously closed at €16.30 ($16.98).

Koenig & Bauer Stock Up 0.5 %

The business has a 50-day simple moving average of €15.64 and a two-hundred day simple moving average of €11.88. The company has a market cap of $275.31 million, a price-to-earnings ratio of -4.41, a PEG ratio of 6.13 and a beta of 1.50. The company has a quick ratio of 0.36, a current ratio of 1.44 and a debt-to-equity ratio of 87.00.

Koenig & Bauer Company Profile

(Get Free Report)

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.

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