Free Trial

Krones (ETR:KRN) Trading Down 6.9% - Should You Sell?

Krones logo with Industrials background

Key Points

  • Krones AG shares fell by 6.9% on Thursday, trading between €128.80 and €130.00, which represented a significant volume increase of 208% compared to its average.
  • The company's market cap stands at $4.20 billion with a P/E ratio of 16.82, while its quick ratio is 0.98 and debt-to-equity ratio is notably high at 3.44.
  • Krones specializes in manufacturing technologies for production, filling, and packaging, operating in various segments including Filling and Packaging Technology and Intralogistics.
  • MarketBeat previews top five stocks to own in September.

Shares of Krones AG (ETR:KRN - Get Free Report) fell 6.9% during mid-day trading on Thursday . The company traded as low as €128.80 ($149.77) and last traded at €130.00 ($151.16). 103,880 shares traded hands during trading, an increase of 208% from the average session volume of 33,680 shares. The stock had previously closed at €139.60 ($162.33).

Krones Stock Down 3.2%

The company has a market cap of $4.07 billion, a P/E ratio of 16.28, a PEG ratio of 0.78 and a beta of 1.14. The stock's 50-day moving average price is €139.12 and its 200-day moving average price is €132.54. The company has a current ratio of 1.34, a quick ratio of 0.98 and a debt-to-equity ratio of 3.44.

Krones Company Profile

(Get Free Report)

Krones AG, together with its subsidiaries, engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology in Germany and internationally. It operates in three segments, Filling and Packaging Technology, Process Technology, and Intralogistics.

Read More

Should You Invest $1,000 in Krones Right Now?

Before you consider Krones, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Krones wasn't on the list.

While Krones currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Overlooked AI Stocks That Chipmakers Can’t Live Without
Palantir & AMD Earnings: Massive Options Setups Ahead
3 Value Plays Set to Explode

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines