Jungheinrich Aktiengesellschaft (ETR:JUN3) Stock Crosses Below 50-Day Moving Average – Here’s What Happened

Jungheinrich Aktiengesellschaft (ETR:JUN3Get Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of €24.30 and traded as low as €23.84. Jungheinrich Aktiengesellschaft shares last traded at €24.04, with a volume of 119,545 shares changing hands.

Jungheinrich Aktiengesellschaft Trading Up 2.2%

The firm has a 50-day moving average of €24.30 and a 200-day moving average of €27.25. The company has a debt-to-equity ratio of 27.42, a quick ratio of 0.84 and a current ratio of 1.33. The firm has a market capitalization of $2.65 billion, a P/E ratio of 9.53, a price-to-earnings-growth ratio of 2.83 and a beta of 1.74.

About Jungheinrich Aktiengesellschaft

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Jungheinrich Aktiengesellschaft, through its subsidiaries, provides products and solutions for the intralogistics sector with a portfolio of material handling equipment, automated systems, and matching services worldwide. It operates in two segments, Intralogistics and Financial Services. The Intralogistics segment engages in the development, production, sale, and short-term rental of new material handling equipment and warehousing equipment products, including automation; sale and short-term leasing of used trucks; and provides spare parts, as well as maintenance and repair services.

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