K+S Aktiengesellschaft (ETR:SDF) Trading Down 1.3% – Here’s Why

K+S Aktiengesellschaft (ETR:SDF) dropped 1.3% on Monday . The stock traded as low as €16.30 and last traded at €16.35. 2,120,840 shares traded hands during mid-day trading, an increase of 96% from the average daily volume of 1,080,000 shares. The stock had previously closed at €16.57.

K+S Aktiengesellschaft Price Performance

The company has a current ratio of 4.25, a quick ratio of 1.31 and a debt-to-equity ratio of 18.47. The business has a fifty day simple moving average of €15.38 and a 200 day simple moving average of €15.14. The stock has a market capitalization of $2.85 billion, a P/E ratio of 110.38, a price-to-earnings-growth ratio of 9.50 and a beta of 0.24.

About K+S Aktiengesellschaft

K+S Aktiengesellschaft, together with its subsidiaries, operates as a supplier of mineral products for the agricultural, industrial, consumer, and community sectors worldwide. It offers potassium chloride for crops, such as grain, corn, rice, and soybean; fertilizer specialties that are used for crops with magnesium and sulfur requirements, including rapeseed and potatoes, as well as for chloride-sensitive crops consisting of citrus, grapes, and vegetables; and water-soluble fertilizers for use in fertigation of fruit and vegetables under the KALISOP, KORN-KALI, ROLL-KALI, PATENTKALI, ESTA KIESERIT, MAGNESIA-KAINIT, SOLUMOP, SOLUSOP, SOLUCMS, SOLUMAP, SOLUMKP, EPSO TOP, EPSO MICROTOP, EPSO COMBITOP, EPSO PROFITOP, and EPSO BORTOP brands.