Klöckner & Co SE (ETR:KCO) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Shares of Klöckner & Co SE (ETR:KCO) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of €12.30 and traded as high as €12.48. Klöckner & Co SE shares last traded at €12.42, with a volume of 19,089 shares trading hands.

Klöckner & Co SE Trading Down 0.2%

The company has a debt-to-equity ratio of 69.48, a current ratio of 2.38 and a quick ratio of 0.80. The business has a fifty day moving average of €12.31 and a 200-day moving average of €10.02. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of -4.70, a price-to-earnings-growth ratio of -0.08 and a beta of 1.22.

Klöckner & Co SE Company Profile

Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. The company operates through three segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU. It offers flat steel products; long steel products; tubes and hollow sections; stainless steel and high-grade steel; and aluminum products for building installations, roof and wall construction, and water supply. The company also provides various services, including cutting and splitting of steel strips; forming and manufacturing of pressed parts; CNC turning/milling; 2D/3D tube laser cutting; laser and water jet cutting; structural steel processing; plasma and oxy-fuel cutting; shot blasting and primer painting; and sawing/drilling/rounding off.