Drägerwerk AG & Co. KGaA (ETR:DRW3) Trading Down 0.3% – Here’s Why

Shares of Drägerwerk AG & Co. KGaA (ETR:DRW3) dropped 0.3% on Tuesday . The company traded as low as €88.90 and last traded at €89.70. Approximately 13,580 shares traded hands during trading, a decline of 60% from the average daily volume of 33,804 shares. The stock had previously closed at €90.00.

Drägerwerk AG & Co. KGaA Stock Down 0.3%

The company has a quick ratio of 0.81, a current ratio of 1.89 and a debt-to-equity ratio of 20.57. The company has a fifty day simple moving average of €78.11 and a 200 day simple moving average of €71.85. The firm has a market capitalization of $1.56 billion, a P/E ratio of 14.84, a P/E/G ratio of 1.24 and a beta of -0.31.

Drägerwerk AG & Co. KGaA Company Profile

Drägerwerk AG & Co KGaA operates as a medical and safety technology company worldwide. It develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency medicine, perioperative care, intensive care, and perinatal medicine. The company also develops, produces, and markets products, system solutions, and services for personal protection, gas detection technology, and integrated hazard management to customers in industry and mining sectors, as well as public sectors, such as fire departments, police, and disaster protection.