Knorr-Bremse (ETR:KBX) Shares Down 0.4% – Here’s What Happened

Knorr-Bremse AG (ETR:KBXGet Free Report)’s share price was down 0.4% on Thursday . The company traded as low as €69.80 ($72.71) and last traded at €69.80 ($72.71). Approximately 89,105 shares changed hands during trading, The stock had previously closed at €70.05 ($72.97).

Knorr-Bremse Stock Up 0.9 %

The company’s 50 day simple moving average is €74.72 and its 200-day simple moving average is €73.92. The company has a debt-to-equity ratio of 70.00, a quick ratio of 1.10 and a current ratio of 1.40. The firm has a market capitalization of $11.13 billion, a PE ratio of 18.51, a PEG ratio of 16.71 and a beta of 0.96.

Knorr-Bremse Company Profile

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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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