Krones (ETR:KRN) Shares Down 1.1% – Here’s What Happened

Krones AG (ETR:KRN)’s stock price was down 1.1% during mid-day trading on Wednesday . The company traded as low as €120.20 ($130.65) and last traded at €121.60 ($132.17). Approximately 20,144 shares changed hands during trading, a decline of 40% from the average daily volume of 33,680 shares. The stock had previously closed at €123.00 ($133.70).

Krones Stock Down 0.3 %

The firm has a market capitalization of $3.78 billion, a P/E ratio of 15.84, a P/E/G ratio of 0.78 and a beta of 1.14. The company has a fifty day simple moving average of €124.28 and a 200 day simple moving average of €123.73. The company has a quick ratio of 0.98, a current ratio of 1.30 and a debt-to-equity ratio of 7.17.

About Krones

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.