Drägerwerk AG & Co. KGaA (ETR:DRW3) Trading 0.2% Higher - Here's What Happened

Key Points

• Drägerwerk AG & Co. KGaA's shares increased by 0.2% to close at €66.10 ($77.76) despite a significant drop in trading volume, down 90% from the average session.
• The company has a market capitalization of $1.15 billion and a P/E ratio of 10.94, indicating its valuation relative to earnings.
• Drägerwerk operates in the medical and safety technology space, offering products and services for emergency medicine and personal protection, including gas detection and hazard management.

Drägerwerk AG & Co. KGaA (ETR:DRW3 - Get Free Report)'s share price traded up 0.2% on Friday . The company traded as high as €66.80 ($78.59) and last traded at €66.10 ($77.76). 3,321 shares changed hands during trading, a decline of 90% from the average session volume of 33,804 shares. The stock had previously closed at €66.00 ($77.65).

Drägerwerk AG & Co. KGaA Stock Performance

The stock's 50-day simple moving average is €67.91 and its two-hundred day simple moving average is €65.13. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 10.71, a price-to-earnings-growth ratio of 1.24 and a beta of -0.31. The company has a debt-to-equity ratio of 20.57, a quick ratio of 0.81 and a current ratio of 1.89.

Drägerwerk AG & Co. KGaA Company Profile

Drägerwerk AG & Co KGaA operates as a medical and safety technology company worldwide. It develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency medicine, perioperative care, intensive care, and perinatal medicine. The company also develops, produces, and markets products, system solutions, and services for personal protection, gas detection technology, and integrated hazard management to customers in industry and mining sectors, as well as public sectors, such as fire departments, police, and disaster protection.