Klöckner & Co SE (ETR:KCO) Trading Up 0.4% – Here’s Why

Shares of Klöckner & Co SE (ETR:KCO) were up 0.4% on Thursday . The company traded as high as €11.06 and last traded at €11.04. Approximately 216,651 shares traded hands during trading, a decline of 64% from the average daily volume of 600,641 shares. The stock had previously closed at €11.00.

Klöckner & Co SE Price Performance

The business’s 50-day moving average price is €10.14 and its 200 day moving average price is €7.41. The company has a market capitalization of $1.11 billion, a P/E ratio of -4.19, a price-to-earnings-growth ratio of -0.08 and a beta of 1.89. The company has a quick ratio of 0.80, a current ratio of 2.62 and a debt-to-equity ratio of 69.42.

Klöckner & Co SE Company Profile

Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. The company operates through three segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU. It offers flat steel products; long steel products; tubes and hollow sections; stainless steel and high-grade steel; and aluminum products for building installations, roof and wall construction, and water supply. The company also provides various services, including cutting and splitting of steel strips; forming and manufacturing of pressed parts; CNC turning/milling; 2D/3D tube laser cutting; laser and water jet cutting; structural steel processing; plasma and oxy-fuel cutting; shot blasting and primer painting; and sawing/drilling/rounding off.