Klöckner & Co SE (ETR:KCO) Trading Down 1.8% - Should You Sell?

Key Points

• Klöckner & Co SE shares dropped by 1.8% on Thursday, closing at €6.56 ($7.45) after reaching a low of €6.50 ($7.39).
• Trading volume significantly decreased to 133,117 shares, which is 78% lower than the average session volume of 600,641 shares.
• The company's market capitalization stands at $644.49 million with a price-to-earnings ratio of -2.43, indicating negative earnings.

Klöckner & Co SE (ETR:KCO - Get Free Report)'s share price was down 1.8% during mid-day trading on Thursday . The stock traded as low as €6.50 ($7.56) and last traded at €6.56 ($7.63). Approximately 133,117 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 600,641 shares. The stock had previously closed at €6.68 ($7.77).

Klöckner & Co SE Trading Down 3.3%

The company has a market capitalization of $623.41 million, a PE ratio of -2.36, a PEG ratio of -0.08 and a beta of 1.89. The firm's 50-day simple moving average is €6.44 and its 200-day simple moving average is €6.43.

About Klöckner & Co SE

Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. The company operates through three segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU. It offers flat steel products; long steel products; tubes and hollow sections; stainless steel and high-grade steel; and aluminum products for building installations, roof and wall construction, and water supply.