HORNBACH Holding AG & Co. KGaA (ETR:HBH) Trading Down 0.8% – Here’s Why

HORNBACH Holding AG & Co. KGaA (ETR:HBH)’s stock price dropped 0.8% on Thursday . The company traded as low as €84.00 and last traded at €84.10. Approximately 6,895 shares traded hands during trading, a decline of 52% from the average daily volume of 14,225 shares. The stock had previously closed at €84.80.

HORNBACH Holding AG & Co. KGaA Trading Down 0.8%

The firm has a 50-day moving average price of €82.57 and a 200-day moving average price of €89.76. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 8.37, a PEG ratio of 5.45 and a beta of 1.36. The company has a current ratio of 1.78, a quick ratio of 0.51 and a debt-to-equity ratio of 76.60.

About HORNBACH Holding AG & Co. KGaA

HORNBACH Holding AG & Co KGaA, through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries. Its stationary stores offer hardware/electrical, paint/wallpaper/flooring, construction materials/timber/prefabricated components, sanitary/tiles, and garden hardware/plants. The company also provides a range of construction materials and tools stocked and supply services, as well as professional advice for various product ranges and lines of trade, including shell construction and roofing; interior fittings and facades; and civil engineering, and garden and landscape construction materials for construction, conversion, or refurbishment projects.