Krones AG (ETR:KRN – Get Free Report) shares shot up 1.3% during trading on Wednesday . The company traded as high as €112.40 and last traded at €111.80. 23,436 shares changed hands during trading, a decline of 30% from the average session volume of 33,680 shares. The stock had previously closed at €110.40.
Krones Stock Performance
The stock has a fifty day simple moving average of €114.33 and a two-hundred day simple moving average of €116.82. The company has a debt-to-equity ratio of 7.94, a quick ratio of 0.98 and a current ratio of 1.42. The stock has a market capitalization of $3.61 billion, a price-to-earnings ratio of 14.47, a P/E/G ratio of 0.78 and a beta of 0.93.
About Krones
Krones AG, together with its subsidiaries, engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology in Germany and internationally. It operates in three segments, Filling and Packaging Technology, Process Technology, and Intralogistics. The Filling and Packaging Technology segment offers machines and lines for stretch blow molders, bottle washing, filling, inspection, labelling, conveying, product packing, palletizing, treatment, technology products, as well as for producing PET containers and converting used plastic bottles into food-grade recycled material.
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