Krones (ETR:KRN) Trading Up 1.9% - Here's What Happened

Key Points

• Krones AG's stock price increased by 1.9% during trading, reaching a last traded price of €127.60 ($150.12).
• The company's market cap is reported at $4.12 billion, with a P/E ratio of 16.51 and a beta of 1.14.
• Krones AG specializes in manufacturing machines and lines for production, filling, and packaging technology operating internationally across three segments.

Krones AG (ETR:KRN - )'s stock price was up 1.9% during trading on Friday . The stock traded as high as €127.80 ($150.35) and last traded at €127.60 ($150.12). Approximately 28,483 shares were traded during mid-day trading, a decline of 15% from the average daily volume of 33,680 shares. The stock had previously closed at €125.20 ($147.29).

Krones Stock Performance

The company has a debt-to-equity ratio of 3.44, a quick ratio of 0.98 and a current ratio of 1.34. The firm has a market cap of $4.12 billion, a P/E ratio of 16.51, a price-to-earnings-growth ratio of 0.78 and a beta of 1.14. The firm's fifty day moving average price is €129.25 and its 200 day moving average price is €131.90.

About Krones

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.

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