Koenig & Bauer (ETR:SKB) Stock Falls 1.1% – Here’s Why

Koenig & Bauer AG (ETR:SKB – Get Free Report)’s stock price dropped 1.1% during mid-day trading on Friday. The company traded as low as €8.90 and last traded at €8.90. Approximately 4,808 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 51,918 shares. The stock had previously closed at €9.00.

Koenig & Bauer Price Performance

The company has a quick ratio of 0.36, a current ratio of 1.40 and a debt-to-equity ratio of 88.02. The stock has a market capitalization of $147.96 million, a PE ratio of -2.37, a PEG ratio of 6.13 and a beta of 1.19. The company has a 50-day moving average of €8.90 and a 200 day moving average of €8.89.

Koenig & Bauer Company Profile

(Get Free Report)

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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