Dr. Hönle (ETR:HNL) Shares Break Above 50 Day Moving Average – Should You Sell?

Dr. Hönle AG (ETR:HNL – Get Free Report) passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of €7.55 and traded as high as €7.64. Dr. Hönle shares last traded at €7.56, with a volume of 3,245 shares trading hands.

Dr. Hönle Stock Up 0.3%

The business’s fifty day moving average price is €7.55 and its 200 day moving average price is €8.57. The company has a current ratio of 1.69, a quick ratio of 0.85 and a debt-to-equity ratio of 61.41. The firm has a market capitalization of $45.17 million, a price-to-earnings ratio of -3.40, a PEG ratio of -0.39 and a beta of 1.48.

Dr. Hönle Company Profile

(Get Free Report)

Dr. Hönle AG engages in the supply of industrial UV technologies and systems in Germany and internationally. The company operates through three segments: Adhesives, Equipment & Systems, and Glass & Lamps. The Adhesives segment provides industrial adhesives for applications, such as consumer electronics, automotive, optics and opto-electronics, medical technology, and glass processing. The Equipment & Systems segment engages in the provision of solutions used for drying inks and coatings, curing adhesives and plastics, disinfecting surfaces, and solar simulation.

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