Knorr-Bremse (ETR:KBX) Trading Down 2.8% – Here’s What Happened

Knorr-Bremse AG (ETR:KBXGet Free Report) shares were down 2.8% during trading on Tuesday . The stock traded as low as €97.40 and last traded at €97.70. Approximately 138,670 shares traded hands during mid-day trading, The stock had previously closed at €100.50.

Knorr-Bremse Price Performance

The company has a quick ratio of 1.10, a current ratio of 1.64 and a debt-to-equity ratio of 131.90. The company has a market capitalization of $15.94 billion, a price-to-earnings ratio of 26.13, a PEG ratio of 16.71 and a beta of 0.96. The stock’s 50-day simple moving average is €92.28 and its two-hundred day simple moving average is €87.10.

About Knorr-Bremse

(Get Free Report)

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.

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