K+S Aktiengesellschaft (ETR:SDF) Stock Price Down 3% – Here’s What Happened

K+S Aktiengesellschaft (ETR:SDF)’s stock price was down 3% during trading on Wednesday . The company traded as low as €12.32 and last traded at €12.45. Approximately 1,761,133 shares were traded during mid-day trading, an increase of 63% from the average daily volume of 1,080,000 shares. The stock had previously closed at €12.84.

K+S Aktiengesellschaft Stock Performance

The stock has a 50-day moving average of €11.78 and a 200 day moving average of €12.50. The firm has a market capitalization of $2.18 billion, a P/E ratio of 84.32, a price-to-earnings-growth ratio of 9.50 and a beta of 0.81.

About K+S Aktiengesellschaft

K+S Aktiengesellschaft, together with its subsidiaries, operates as a supplier of mineral products for the agricultural, industrial, consumer, and community sectors worldwide. It offers potassium chloride for crops, such as grain, corn, rice, and soybean; fertilizer specialties that are used for crops with magnesium and sulfur requirements, including rapeseed and potatoes, as well as for chloride-sensitive crops consisting of citrus, grapes, and vegetables; and water-soluble fertilizers for use in fertigation of fruit and vegetables under the KALISOP, KORN-KALI, ROLL-KALI, PATENTKALI, ESTA KIESERIT, MAGNESIA-KAINIT, SOLUMOP, SOLUSOP, SOLUCMS, SOLUMAP, SOLUMKP, EPSO TOP, EPSO MICROTOP, EPSO COMBITOP, EPSO PROFITOP, and EPSO BORTOP brands.