Krones AG (ETR:KRN – Get Free Report) dropped 0.1% during mid-day trading on Tuesday . The stock traded as low as €138.60 and last traded at €138.60. Approximately 21,332 shares changed hands during mid-day trading, a decline of 37% from the average daily volume of 33,680 shares. The stock had previously closed at €138.80.
Krones Stock Performance
The business has a fifty day moving average of €136.63 and a 200-day moving average of €131.02. The company has a market cap of $4.48 billion, a PE ratio of 17.94, a P/E/G ratio of 0.78 and a beta of 1.14. The company has a current ratio of 1.34, a quick ratio of 0.98 and a debt-to-equity ratio of 3.44.
About Krones
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.
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