Klöckner & Co SE (ETR:KCO) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Shares of Klöckner & Co SE (ETR:KCO) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of €12.30 and traded as high as €12.48. Klöckner & Co SE shares last traded at €12.42, with a volume of 19,089 shares traded.

Klöckner & Co SE Trading Down 0.2%

The company has a debt-to-equity ratio of 69.48, a current ratio of 2.38 and a quick ratio of 0.80. The business’s 50 day moving average is €12.30 and its 200 day moving average is €9.97. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of -4.70, a P/E/G ratio of -0.08 and a beta of 1.22.

About Klöckner & Co SE

Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. The company operates through three segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU. It offers flat steel products; long steel products; tubes and hollow sections; stainless steel and high-grade steel; and aluminum products for building installations, roof and wall construction, and water supply. The company also provides various services, including cutting and splitting of steel strips; forming and manufacturing of pressed parts; CNC turning/milling; 2D/3D tube laser cutting; laser and water jet cutting; structural steel processing; plasma and oxy-fuel cutting; shot blasting and primer painting; and sawing/drilling/rounding off.