Krones AG (ETR:KRN – Get Free Report)’s stock price shot up 1.5% on Wednesday. The company traded as high as €106.60 and last traded at €106.60. Approximately 28,187 shares were traded during mid-day trading, a decline of 16% from the average session volume of 33,680 shares. The stock had previously closed at €105.00.
Krones Stock Up 2.2%
The stock’s 50 day moving average is €112.26 and its 200 day moving average is €115.26. The company has a quick ratio of 0.98, a current ratio of 1.42 and a debt-to-equity ratio of 7.94. The firm has a market cap of $3.59 billion, a price-to-earnings ratio of 14.37, a price-to-earnings-growth ratio of 0.78 and a beta of 0.93.
Krones Company Profile
Krones AG, together with its subsidiaries, engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology in Germany and internationally. It operates in three segments, Filling and Packaging Technology, Process Technology, and Intralogistics. The Filling and Packaging Technology segment offers machines and lines for stretch blow molders, bottle washing, filling, inspection, labelling, conveying, product packing, palletizing, treatment, technology products, as well as for producing PET containers and converting used plastic bottles into food-grade recycled material.
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