Koenig & Bauer AG (ETR:SKB) traded down 0.4% on Wednesday . The company traded as low as €23.80 ($28.00) and last traded at €24.35 ($28.65). 11,750 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 51,918 shares. The stock had previously closed at €24.45 ($28.76).
A number of equities research analysts have weighed in on the company. Warburg Research set a €33.00 ($38.82) price objective on Koenig & Bauer and gave the company a “buy” rating in a research note on Friday, February 26th. Kepler Capital Markets set a €19.00 ($22.35) price objective on Koenig & Bauer and gave the company a “neutral” rating in a research note on Wednesday, March 24th.
The company has a debt-to-equity ratio of 64.64, a current ratio of 1.55 and a quick ratio of 0.81. The company has a 50 day moving average price of €25.08 and a 200 day moving average price of €23.20. The firm has a market cap of $402.38 million and a PE ratio of -3.88.
Koenig & Bauer Company Profile (ETR:SKB)
Koenig & Bauer AG develops and manufactures printing systems and peripherals worldwide. It operates through three segments: Sheetfed, Digital & Webfed, and Special. The Sheetfed segment offers presses for packaging and commercial printing, as well as workflow and logistics solutions; and peripheral equipment for finishing and processing printed products.
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