K+S Aktiengesellschaft (ETR:SDF) Shares Down 3% - Here's Why

Shares of K+S Aktiengesellschaft (ETR:SDF - Get Free Report) were down 3% during trading on Monday . The company traded as low as €16.04 ($18.65) and last traded at €16.16 ($18.79). Approximately 693,062 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 1,080,000 shares. The stock had previously closed at €16.66 ($19.37).

K+S Aktiengesellschaft Stock Performance

The firm has a market capitalization of $2.80 billion, a P/E ratio of 108.56, a P/E/G ratio of 9.50 and a beta of 0.81. The stock's 50 day simple moving average is €14.89 and its 200 day simple moving average is €13.11.

About K+S Aktiengesellschaft

K+S Aktiengesellschaft, together with its subsidiaries, operates as a supplier of mineral products for the agricultural, industrial, consumer, and community sectors worldwide. It offers potassium chloride for crops, such as grain, corn, rice, and soybean; fertilizer specialties that are used for crops with magnesium and sulfur requirements, including rapeseed and potatoes, as well as for chloride-sensitive crops consisting of citrus, grapes, and vegetables; and water-soluble fertilizers for use in fertigation of fruit and vegetables under the KALISOP, KORN-KALI, ROLL-KALI, PATENTKALI, ESTA KIESERIT, MAGNESIA-KAINIT, SOLUMOP, SOLUSOP, SOLUCMS, SOLUMAP, SOLUMKP, EPSO TOP, EPSO MICROTOP, EPSO COMBITOP, EPSO PROFITOP, and EPSO BORTOP brands.