Knorr-Bremse (ETR:KBX) Trading 0.2% Higher - Time to Buy?

Key Points

• Knorr-Bremse AG shares rose by 0.2% to trade at €85.80 ($100.94) during mid-day trading, with a market capitalization of $14.23 billion.
• The company maintains a debt-to-equity ratio of 131.90, highlighting its financial leverage in the market.
• Knorr-Bremse operates in two segments, Rail Vehicle Systems and Commercial Vehicle Systems, focusing on various braking and systems solutions for vehicles.

Knorr-Bremse AG (ETR:KBX - ) shares traded up 0.2% during mid-day trading on Monday . The stock traded as high as €86.65 ($101.94) and last traded at €85.80 ($100.94). 116,438 shares were traded during trading, The stock had previously closed at €85.60 ($100.71).

Knorr-Bremse Trading Up 0.6%

The company has a debt-to-equity ratio of 131.90, a current ratio of 1.64 and a quick ratio of 1.10. The firm has a market capitalization of $14.23 billion, a PE ratio of 23.33, a P/E/G ratio of 16.71 and a beta of 0.96. The company's fifty day simple moving average is €86.92 and its 200-day simple moving average is €86.01.

Knorr-Bremse Company Profile

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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