Knorr-Bremse (ETR:KBX) Stock Price Down 1.2% – Time to Sell?

Knorr-Bremse AG (ETR:KBX)’s stock price fell 1.2% during trading on Tuesday . The company traded as low as €95.05 and last traded at €95.95. 229,060 shares traded hands during mid-day trading, The stock had previously closed at €97.09.

Knorr-Bremse Stock Down 1.2%

The business’s fifty day moving average price is €102.42 and its 200 day moving average price is €95.90. The company has a quick ratio of 1.10, a current ratio of 1.87 and a debt-to-equity ratio of 99.36. The firm has a market capitalization of $15.82 billion, a PE ratio of 25.94, a PEG ratio of 16.71 and a beta of 1.12.

Knorr-Bremse Company Profile

Knorr-Bremse AG, together with its subsidiaries, engages in the development, production, marketing, and servicing of braking and other systems for rail and commercial vehicles worldwide. The company operates in two segments, Rail Vehicle Systems and Commercial Vehicle Systems. The Rail Vehicle Systems segment offers braking systems, entrance and HVAC systems, sanitary systems, coupling systems, digital solutions, smart services for optimizing rail traffic, power electrics, rail computing and communication (RCC)/TCMS, signaling systems, stationary and mobile testing equipment, windshield wiper and wash systems, and extensive aftermarket solutions.