Knorr-Bremse (ETR:KBX) Shares Down 0.3% – Here’s Why

Knorr-Bremse AG (ETR:KBX) traded down 0.3% on Friday . The company traded as low as €90.75 ($106.76) and last traded at €91.30 ($107.41). 139,875 shares traded hands during mid-day trading, The stock had previously closed at €91.55 ($107.71).

Knorr-Bremse Stock Down 0.9%

The company has a debt-to-equity ratio of 131.90, a quick ratio of 1.10 and a current ratio of 1.64. The firm has a market capitalization of $14.92 billion, a P/E ratio of 24.47, a P/E/G ratio of 16.71 and a beta of 0.96. The stock has a fifty day moving average price of €85.68 and a two-hundred day moving average price of €84.67.

Knorr-Bremse Company Profile

Knorr-Bremse AG, together with its subsidiaries, engages in the development, production, marketing, and servicing of braking and other systems for rail and commercial vehicles worldwide. The company operates in two segments, Rail Vehicle Systems and Commercial Vehicle Systems. The Rail Vehicle Systems segment offers braking systems, entrance and HVAC systems, sanitary systems, coupling systems, digital solutions, smart services for optimizing rail traffic, power electrics, rail computing and communication (RCC)/TCMS, signaling systems, stationary and mobile testing equipment, windshield wiper and wash systems, and extensive aftermarket solutions.