Koenig & Bauer (ETR:SKB) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

Koenig & Bauer AG (ETR:SKBGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of €8.77 and traded as low as €8.74. Koenig & Bauer shares last traded at €9.09, with a volume of 8,947 shares traded.

Koenig & Bauer Stock Up 0.1%

The company has a debt-to-equity ratio of 84.16, a quick ratio of 0.36 and a current ratio of 1.45. The firm has a market capitalization of $149.79 million, a P/E ratio of -2.40, a PEG ratio of 6.13 and a beta of 1.19. The business’s fifty day moving average price is €8.76 and its two-hundred day moving average price is €9.01.

About Koenig & Bauer

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Koenig & Bauer AG develops and manufactures printing and postprint systems worldwide. It operates through three segments: Sheetfed, Digital & Webfed, and Special. The Sheetfed segment offers offset presses for packaging and commercial printing, as well as workflow and logistics solutions; and peripheral equipment for finishing and processing printed products, such as rotary/flatbed die cutters and folding-box gluing lines. The Digital & Web segment provides digital and offset web-fed presses for decor, flexible packaging, and newspaper and commercial printing applications.

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