Krones (ETR:KRN) Shares Down 0.2% – Here’s What Happened

Krones AG (ETR:KRNGet Free Report) shares were down 0.2% during trading on Monday . The stock traded as low as €107.00 and last traded at €107.40. 19,590 shares were traded during mid-day trading, a decline of 42% from the average session volume of 33,680 shares. The stock had previously closed at €107.60.

Krones Stock Performance

The stock has a market cap of $3.48 billion, a P/E ratio of 13.93, a PEG ratio of 0.78 and a beta of 0.93. The firm’s 50-day moving average price is €115.64 and its 200-day moving average price is €125.05. The company has a debt-to-equity ratio of 8.09, a current ratio of 1.42 and a quick ratio of 0.98.

Krones Company Profile

(Get Free Report)

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.

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