Klöckner & Co SE (ETR:KCO) Stock Price Up 0.2% – Here’s Why

Klöckner & Co SE (ETR:KCO)’s share price shot up 0.2% during mid-day trading on Thursday . The company traded as high as €12.38 and last traded at €12.34. 36,964 shares were traded during trading, a decline of 94% from the average daily volume of 600,641 shares. The stock had previously closed at €12.32.

Klöckner & Co SE Stock Performance

The stock has a market cap of $1.24 billion, a price-to-earnings ratio of -4.68, a PEG ratio of -0.08 and a beta of 1.23. The company’s 50 day simple moving average is €12.44 and its 200 day simple moving average is €11.41. The company has a debt-to-equity ratio of 69.48, a quick ratio of 0.80 and a current ratio of 2.38.

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.