Krones (ETR:KRN) Stock Price Down 2.4% – Should You Sell?

Krones AG (ETR:KRNGet Free Report) shares were down 2.4% during trading on Friday . The stock traded as low as €120.40 ($126.74) and last traded at €120.60 ($126.95). Approximately 14,727 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 33,680 shares. The stock had previously closed at €123.60 ($130.11).

Krones Stock Performance

The stock’s 50 day moving average is €122.31 and its two-hundred day moving average is €122.53. The stock has a market capitalization of $3.81 billion, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 0.78 and a beta of 1.14. The company has a current ratio of 1.30, a quick ratio of 0.98 and a debt-to-equity ratio of 7.17.

Krones Company Profile

(Get Free Report)

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.

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