Jungheinrich Aktiengesellschaft (ETR:JUN3) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Shares of Jungheinrich Aktiengesellschaft (ETR:JUN3) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of €24.30 and traded as low as €23.84. Jungheinrich Aktiengesellschaft shares last traded at €24.04, with a volume of 119,545 shares.

Jungheinrich Aktiengesellschaft Price Performance

The company has a debt-to-equity ratio of 27.42, a current ratio of 1.33 and a quick ratio of 0.84. The firm has a market cap of $2.65 billion, a price-to-earnings ratio of 9.53, a PEG ratio of 2.83 and a beta of 1.74. The stock has a 50-day moving average price of €24.30 and a 200 day moving average price of €27.25.

Jungheinrich Aktiengesellschaft Company Profile

Jungheinrich Aktiengesellschaft, through its subsidiaries, provides products and solutions for the intralogistics sector with a portfolio of material handling equipment, automated systems, and matching services worldwide. It operates in two segments, Intralogistics and Financial Services. The Intralogistics segment engages in the development, production, sale, and short-term rental of new material handling equipment and warehousing equipment products, including automation; sale and short-term leasing of used trucks; and provides spare parts, as well as maintenance and repair services.