Krones (ETR:KRN) Stock Price Up 0.3% – Here’s What Happened

Shares of Krones AG (ETR:KRN) shot up 0.3% during trading on Friday . The stock traded as high as €142.80 and last traded at €142.60. 15,629 shares changed hands during trading, a decline of 54% from the average session volume of 33,680 shares. The stock had previously closed at €142.20.

Krones Price Performance

The firm’s 50 day simple moving average is €132.75 and its two-hundred day simple moving average is €131.16. The company has a debt-to-equity ratio of 3.44, a current ratio of 1.34 and a quick ratio of 0.98. The firm has a market capitalization of $4.61 billion, a P/E ratio of 18.46, a P/E/G ratio of 0.78 and a beta of 1.14.

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.