Krones (ETR:KRN) Shares Down 0.6% – What’s Next?

Krones AG (ETR:KRN)’s share price fell 0.6% on Friday . The company traded as low as €133.00 and last traded at €133.40. 9,838 shares changed hands during trading, a decline of 71% from the average session volume of 33,680 shares. The stock had previously closed at €134.20.

Krones Price Performance

The stock has a market capitalization of $4.31 billion, a P/E ratio of 17.26, a PEG ratio of 0.78 and a beta of 1.14. 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 fifty day moving average price of €128.71 and a two-hundred day moving average price of €131.15.

Krones Company Profile

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.