KSB SE & Co. KGaA (ETR:KSB) Shares Down 2% – Here’s What Happened

KSB SE & Co. KGaA (ETR:KSB) traded down 2% during mid-day trading on Monday . The company traded as low as €842.00 and last traded at €870.00. 329 shares traded hands during mid-day trading, The stock had previously closed at €887.50.

KSB SE & Co. KGaA Price Performance

The company’s 50-day simple moving average is €1,068.12 and its 200 day simple moving average is €1,024.23. The company has a market capitalization of $1.54 billion, a P/E ratio of 10.70, a P/E/G ratio of 0.22 and a beta of 0.75. The company has a quick ratio of 1.15, a current ratio of 1.96 and a debt-to-equity ratio of 5.26.

KSB SE & Co. KGaA Company Profile

KSB SE & Co KGaA, together with its subsidiaries, manufactures and supplies pumps, valves, and related services worldwide. It operates through three segments: Pumps, Valves, and KSB SupremeServ. The Pumps segment offers single and multistage pumps, submersible pumps, and associated control and drive systems. The Valves segment provides butterfly, globe, gate, control, diaphragm, and ball valves, as well as associated actuators and control systems. The KSB SupremeServ segment is involved in the installation, commissioning, start-up, inspection, servicing, maintenance, and repair of pumps, valves, and related systems for various applications; modular service concepts and system analyses for complete systems; and spare parts for pumps and valves.