Dürr Aktiengesellschaft (ETR:DUE) Shares Up 0.7% - Here's What Happened

Key Points

• Dürr Aktiengesellschaft shares increased by 0.7%, reaching €19.66 ($23.40) during mid-day trading, despite a 60% decline in trading volume compared to the average.
• The company has a market capitalization of $1.38 billion and a P/E ratio of 16.28, indicating its valuation status in the market.
• Dürr operates in the mechanical and plant engineering sector, primarily serving the automotive industry with various products including paint shop technology and assembly systems.

Dürr Aktiengesellschaft (ETR:DUE - ) shares shot up 0.7% during mid-day trading on Tuesday . The stock traded as high as €19.92 ($23.71) and last traded at €19.66 ($23.40). 61,176 shares were traded during trading, a decline of 60% from the average session volume of 151,708 shares. The stock had previously closed at €19.52 ($23.24).

Dürr Aktiengesellschaft Stock Up 0.7%

The company has a quick ratio of 0.82, a current ratio of 1.28 and a debt-to-equity ratio of 104.92. The company has a market capitalization of $1.38 billion, a P/E ratio of 16.28, a price-to-earnings-growth ratio of 0.43 and a beta of 1.56. The company has a 50-day moving average of €22.15 and a two-hundred day moving average of €22.23.

About Dürr Aktiengesellschaft

Dürr Aktiengesellschaft, together with its subsidiaries, operates as a mechanical and plant engineering company worldwide. The company's Paint and Final Assembly Systems segment plans, builds, and updates paint shops and final assembly lines for the automotive industry. It also provides products and systems for various process stages in paint shop technology; control and conveyor systems, air supply, and exhaust-air systems; DXQ software family, which includes solutions for plant monitoring, manufacturing execution systems, advanced analytics, and other digital solutions; conveyor technology, filling, and testing, as well as assembly technology and marriage stations for connecting the car body and power train; consulting services; and assembly and test stands and calibration stations for brakes, electronics, and chassis geometry.

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