Knorr-Bremse (ETR:KBX) Shares Down 0.8% - What's Next?

Key Points

• Knorr-Bremse AG shares fell by 0.8%, trading at €78.30 ($92.12) after closing the previous day at €78.90 ($92.82).
• The company has a market cap of $13.17 billion and a price-to-earnings ratio of 21.59, indicating a strong financial position.
• Knorr-Bremse specializes in developing systems for rail and commercial vehicles, including comprehensive braking and smart service solutions.

Knorr-Bremse AG (ETR:KBX - )'s stock price was down 0.8% on Tuesday . The stock traded as low as €77.70 ($91.41) and last traded at €78.30 ($92.12). Approximately 93,948 shares traded hands during trading, The stock had previously closed at €78.90 ($92.82).

Knorr-Bremse Price Performance

The company has a 50 day moving average price of €86.65 and a 200-day moving average price of €85.53. The company has a market cap of $13.17 billion, a price-to-earnings ratio of 21.59, a P/E/G ratio of 16.71 and a beta of 0.96. The company has a quick ratio of 1.10, a current ratio of 1.64 and a debt-to-equity ratio of 131.90.

About Knorr-Bremse

Knorr-Bremse AG, together with its subsidiaries, engages in the development, production, marketing, and servicing of braking and other systems for rail and commercial vehicles worldwide. The company operates in two segments, Rail Vehicle Systems and Commercial Vehicle Systems. The Rail Vehicle Systems segment offers braking systems, entrance and HVAC systems, sanitary systems, coupling systems, digital solutions, smart services for optimizing rail traffic, power electrics, rail computing and communication (RCC)/TCMS, signaling systems, stationary and mobile testing equipment, windshield wiper and wash systems, and extensive aftermarket solutions.

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