Krones (ETR:KRN) Trading Up 0.3% – Here’s Why

Krones AG (ETR:KRNGet Free Report) shares rose 0.3% during mid-day trading on Monday . The stock traded as high as €135.00 ($140.63) and last traded at €133.80 ($139.38). Approximately 35,177 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 33,680 shares. The stock had previously closed at €133.40 ($138.96).

Krones Price Performance

The company’s 50-day moving average is €124.39 and its 200-day moving average is €122.81. The company has a debt-to-equity ratio of 3.44, a current ratio of 1.34 and a quick ratio of 0.98. The firm has a market capitalization of $4.40 billion, a price-to-earnings ratio of 17.60, a PEG ratio of 0.78 and a beta of 1.14.

About Krones

(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.

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