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

Knorr-Bremse AG (ETR:KBX) dropped 0.4% during mid-day trading on Thursday . The company traded as low as €69.80 ($72.71) and last traded at €69.80 ($72.71). Approximately 89,105 shares traded hands during mid-day trading, The stock had previously closed at €70.05 ($72.97).

Knorr-Bremse Stock Down 1.9 %

The firm has a market capitalization of $11.03 billion, a price-to-earnings ratio of 18.35, a P/E/G ratio of 16.71 and a beta of 0.96. The company’s 50 day moving average price is €74.95 and its 200 day moving average price is €73.94. The company has a quick ratio of 1.10, a current ratio of 1.40 and a debt-to-equity ratio of 70.00.

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.