Drägerwerk AG & Co. KGaA (ETR:DRW3) Trading Down 1.6% – Here’s What Happened

Shares of Drägerwerk AG & Co. KGaA (ETR:DRW3) were down 1.6% during trading on Friday . The stock traded as low as €54.30 ($57.16) and last traded at €55.50 ($58.42). Approximately 12,153 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 33,804 shares. The stock had previously closed at €56.40 ($59.37).

Drägerwerk AG & Co. KGaA Stock Down 0.5 %

The company has a quick ratio of 0.81, a current ratio of 1.89 and a debt-to-equity ratio of 20.57. The business has a 50-day simple moving average of €50.46 and a two-hundred day simple moving average of €47.46. The stock has a market capitalization of $962.15 million, a P/E ratio of 9.13, a PEG ratio of 1.24 and a beta of -0.31.

About Drägerwerk AG & Co. KGaA

Drägerwerk AG & Co KGaA operates as a medical and safety technology company worldwide. It develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency medicine, perioperative care, intensive care, and perinatal medicine. The company also develops, produces, and markets products, system solutions, and services for personal protection, gas detection technology, and integrated hazard management to customers in industry and mining sectors, as well as public sectors, such as fire departments, police, and disaster protection.