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Klöckner & Co SE (ETR:KCO) Stock Price Up 3.3% - Here's Why

Klöckner & Co SE logo with Basic Materials background

Klöckner & Co SE (ETR:KCO - Get Free Report)'s stock price was up 3.3% during mid-day trading on Thursday . The stock traded as high as €7.00 ($8.14) and last traded at €6.91 ($8.03). Approximately 477,159 shares were traded during mid-day trading, a decline of 21% from the average daily volume of 600,641 shares. The stock had previously closed at €6.69 ($7.78).

Klöckner & Co SE Stock Up 3.6%

The company's 50-day moving average is €6.39 and its 200-day moving average is €6.14. The stock has a market capitalization of $718.77 million, a price-to-earnings ratio of -2.72, a PEG ratio of -0.08 and a beta of 1.89.

Klöckner & Co SE Company Profile

(Get Free Report)

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.

Further Reading

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