Koenig & Bauer (ETR:SKB) Trading 2.3% Higher – Here’s What Happened

Koenig & Bauer AG (ETR:SKB) traded up 2.3% during mid-day trading on Tuesday . The stock traded as high as €9.28 and last traded at €9.28. 7,660 shares were traded during trading, a decline of 85% from the average session volume of 51,918 shares. The stock had previously closed at €9.07.

Koenig & Bauer Price Performance

The firm’s 50-day moving average price is €9.08 and its 200-day moving average price is €9.50. The company has a current ratio of 1.45, a quick ratio of 0.36 and a debt-to-equity ratio of 84.16. The stock has a market capitalization of $154.28 million, a PE ratio of -2.47, a PEG ratio of 6.13 and a beta of 1.25.

About Koenig & Bauer

Koenig & Bauer AG develops and manufactures printing and postprint systems worldwide. It operates through three segments: Sheetfed, Digital & Webfed, and Special. The Sheetfed segment offers offset presses for packaging and commercial printing, as well as workflow and logistics solutions; and peripheral equipment for finishing and processing printed products, such as rotary/flatbed die cutters and folding-box gluing lines. The Digital & Web segment provides digital and offset web-fed presses for decor, flexible packaging, and newspaper and commercial printing applications.