Krones (ETR:KRN) Trading 0.3% Higher – Time to Buy?

Krones AG (ETR:KRNGet Free Report)’s stock price traded up 0.3% on Friday . The company traded as high as €142.80 and last traded at €142.60. Approximately 15,629 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 33,680 shares. The stock had previously closed at €142.20.

Krones Price Performance

The firm has a market capitalization of $4.61 billion, a price-to-earnings ratio of 18.46, a PEG ratio of 0.78 and a beta of 1.14. The stock’s 50 day moving average price is €132.75 and its two-hundred day moving average price is €131.22. The company has a debt-to-equity ratio of 3.44, a current ratio of 1.34 and a quick ratio of 0.98.

About Krones

(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. The Filling and Packaging Technology segment offers machines and lines for stretch blow molders, bottle washing, filling, inspection, labelling, conveying, product packing, palletizing, treatment, technology products, as well as for producing PET containers and converting used plastic bottles into food-grade recycled material.

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