Knorr-Bremse (ETR:KBX) Stock Price Down 2.6% – What’s Next?

Knorr-Bremse AG (ETR:KBXGet Free Report) traded down 2.6% during mid-day trading on Thursday . The company traded as low as €101.90 and last traded at €102.40. 104,099 shares traded hands during mid-day trading, The stock had previously closed at €105.10.

Knorr-Bremse Stock Performance

The company has a market cap of $16.80 billion, a PE ratio of 27.55, a PEG ratio of 16.71 and a beta of 1.11. The company has a current ratio of 1.63, a quick ratio of 1.10 and a debt-to-equity ratio of 99.69. The business’s 50 day moving average is €103.33 and its two-hundred day moving average is €102.52.

About Knorr-Bremse

(Get Free Report)

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.

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