Koenig & Bauer (ETR:SKB) Shares Up 4.8% – Here’s What Happened

Koenig & Bauer AG (ETR:SKBGet Free Report)’s share price shot up 4.8% on Monday . The stock traded as high as €8.96 and last traded at €8.91. Approximately 3,214 shares were traded during mid-day trading, a decline of 94% from the average session volume of 51,918 shares. The stock had previously closed at €8.50.

Koenig & Bauer Stock Up 4.8%

The firm has a market capitalization of $148.13 million, a P/E ratio of -2.37, a PEG ratio of 6.13 and a beta of 1.19. The company has a debt-to-equity ratio of 84.16, a quick ratio of 0.36 and a current ratio of 1.45. The firm’s 50-day moving average is €8.94 and its 200 day moving average is €9.25.

About Koenig & Bauer

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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. The Digital & Web segment provides digital and offset web-fed presses for decor, flexible packaging, and newspaper and commercial printing applications.

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