Krones (ETR:KRN) Shares Up 1.9% – Still a Buy?

Krones AG (ETR:KRN) shares shot up 1.9% on Wednesday . The company traded as high as €120.60 ($137.05) and last traded at €120.20 ($136.59). 36,499 shares were traded during trading, an increase of 8% from the average session volume of 33,680 shares. The stock had previously closed at €118.00 ($134.09).

Krones Price Performance

The company has a current ratio of 1.34, a quick ratio of 0.98 and a debt-to-equity ratio of 3.44. The stock has a market cap of $3.89 billion, a PE ratio of 15.56, a P/E/G ratio of 0.78 and a beta of 1.14. The company’s 50 day moving average is €127.57 and its 200-day moving average is €124.68.

Krones Company Profile

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.