Krones (ETR:KRN) Stock Price Up 1.3% – Still a Buy?

Shares of Krones AG (ETR:KRN) rose 1.3% on Wednesday . The company traded as high as €112.40 and last traded at €111.80. 23,436 shares were traded during trading, a decline of 30% from the average session volume of 33,680 shares. The stock had previously closed at €110.40.

Krones Trading Up 1.3%

The company has a debt-to-equity ratio of 7.94, a current ratio of 1.42 and a quick ratio of 0.98. The firm has a fifty day simple moving average of €114.33 and a 200-day simple moving average of €116.82. The firm has a market cap of $3.61 billion, a P/E ratio of 14.47, a price-to-earnings-growth ratio of 0.78 and a beta of 0.93.

Krones Company Profile

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. The Filling and Packaging Technology segment offers machines and lines for stretch blow molders, bottle washing, filling, inspection, labelling, conveying, product packing, palletizing, treatment, technology products, as well as for producing PET containers and converting used plastic bottles into food-grade recycled material.