Dr. Hönle (ETR:HNL) Shares Down 3.3% – Here’s Why

Dr. Hönle AG (ETR:HNL) shares traded down 3.3% on Thursday . The company traded as low as €8.88 and last traded at €8.88. 3,017 shares changed hands during trading, The stock had previously closed at €9.18.

Dr. Hönle Price Performance

The stock has a market cap of $52.92 million, a P/E ratio of -3.99, a P/E/G ratio of -0.39 and a beta of 1.45. The company’s 50 day moving average price is €8.64 and its 200-day moving average price is €8.07. The company has a quick ratio of 0.85, a current ratio of 1.80 and a debt-to-equity ratio of 62.78.

Dr. Hönle Company Profile

Dr. Hönle AG engages in the supply of industrial UV technologies and systems in Germany and internationally. The company operates through three segments: Adhesives, Equipment & Systems, and Glass & Lamps. The Adhesives segment provides industrial adhesives for applications, such as consumer electronics, automotive, optics and opto-electronics, medical technology, and glass processing. The Equipment & Systems segment engages in the provision of solutions used for drying inks and coatings, curing adhesives and plastics, disinfecting surfaces, and solar simulation.