Koenig & Bauer (ETR:SKB) Shares Up 4.8% – Here’s Why

Shares of Koenig & Bauer AG (ETR:SKBGet Free Report) shot up 4.8% on Monday . The company traded as high as €8.96 and last traded at €8.91. Approximately 3,214 shares traded hands during trading, a decline of 94% from the average daily volume of 51,918 shares. The stock had previously closed at €8.50.

Koenig & Bauer Price Performance

The business has a 50-day moving average price of €8.93 and a 200 day moving average price of €9.24. 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 cap of $138.15 million, a PE ratio of -2.21, a PEG ratio of 6.13 and a beta of 1.19.

About Koenig & Bauer

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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.

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