Klöckner & Co SE (ETR:KCO) Stock Price Down 4.5% - Here's What Happened

Key Points

• Klöckner & Co SE stock price decreased by 4.5%, trading at €5.74 ($6.67) after reaching a low of €5.60 ($6.51) during the day.
• Trading volume fell to 283,377 shares, significantly below the average of 600,641 shares.
• The company, which distributes steel and metal products, operates through three segments: Kloeckner Metals US, EU, and Non-EU.

Klöckner & Co SE (ETR:KCO - ) traded down 4.5% during mid-day trading on Tuesday . The company traded as low as €5.60 ($6.51) and last traded at €5.74 ($6.67). 283,377 shares changed hands during trading, a decline of 53% from the average session volume of 600,641 shares. The stock had previously closed at €6.01 ($6.99).

Klöckner & Co SE Stock Performance

The business's fifty day moving average price is €5.85 and its 200-day moving average price is €6.35. The stock has a market cap of $576.22 million, a PE ratio of -2.18, a P/E/G ratio of -0.08 and a beta of 1.89.

Klöckner & Co SE Company Profile

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.

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