Dr. Hönle (ETR:HNL) Trading Down 1.8% – Here’s Why

Shares of Dr. Hönle AG (ETR:HNLGet Free Report) dropped 1.8% during trading on Tuesday . The stock traded as low as €8.94 and last traded at €8.96. Approximately 764 shares were traded during trading, The stock had previously closed at €9.12.

Dr. Hönle Stock Performance

The stock has a market cap of $53.40 million, a P/E ratio of -4.02, a price-to-earnings-growth ratio of -0.39 and a beta of 1.49. The company has a debt-to-equity ratio of 62.80, a current ratio of 1.71 and a quick ratio of 0.85. The stock’s 50 day simple moving average is €9.30 and its two-hundred day simple moving average is €8.83.

About Dr. Hönle

(Get Free Report)

Dr. Hönle AG engages in the supply of industrial UV technologies and systems in Germany and internationally. The company operates through three segments: Adhesives, Equipment & Systems, and Glass & Lamps. The Adhesives segment provides industrial adhesives for applications, such as consumer electronics, automotive, optics and opto-electronics, medical technology, and glass processing. The Equipment & Systems segment engages in the provision of solutions used for drying inks and coatings, curing adhesives and plastics, disinfecting surfaces, and solar simulation.

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