KWS SAAT SE & Co. KGaA (ETR:KWS) Share Price Crosses Above 50-Day Moving Average – Here’s Why

KWS SAAT SE & Co. KGaA (ETR:KWS) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of €68.49 and traded as high as €75.10. KWS SAAT SE & Co. KGaA shares last traded at €75.00, with a volume of 14,796 shares changing hands.

KWS SAAT SE & Co. KGaA Price Performance

The company has a market cap of $2.23 billion, a price-to-earnings ratio of 8.72, a PEG ratio of 3.06 and a beta of 0.53. The company has a 50-day simple moving average of €68.49 and a 200-day simple moving average of €67.86. The company has a debt-to-equity ratio of 34.90, a quick ratio of 1.03 and a current ratio of 1.99.

KWS SAAT SE & Co. KGaA Company Profile

KWS SAAT SE & Co KGaA develops, produces, and distributes seeds for farmers in Germany, rest of Europe, North and South America, and internationally. It operates through four segments: Corn, Sugarbeet, Cereals, and Vegetables. The Corn segment breeds, produces, and distributes seed for corn, soybeans, and sunflowers. The Sugarbeet segment engages in the development, breeding, production, and distribution of diploid hybrid potatoes and sugar beet seeds. The Cereals segment breeds, produces, and distributes seeds for rye, wheat, barley, and rapeseed.