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Krones (ETR:KRN) Trading Down 2.4% - Here's Why

Krones logo with Industrials background

Krones AG (ETR:KRN - Get Free Report)'s stock price fell 2.4% during trading on Friday . The stock traded as low as €120.40 ($126.74) and last traded at €120.60 ($126.95). 14,727 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 33,680 shares. The stock had previously closed at €123.60 ($130.11).

Krones Trading Down 2.4 %

The company has a market capitalization of $3.81 billion, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 0.78 and a beta of 1.14. The company has a quick ratio of 0.98, a current ratio of 1.30 and a debt-to-equity ratio of 7.17. The company's fifty day simple moving average is €122.31 and its two-hundred day simple moving average is €122.53.

Krones Company Profile

(Get Free Report)

Krones AG, together with its subsidiaries, engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology in Germany and internationally. It operates in three segments, Filling and Packaging Technology, Process Technology, and Intralogistics.

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