Krones (ETR:KRN) Shares Up 0.7% – Time to Buy?

Krones AG (ETR:KRNGet Free Report)’s share price shot up 0.7% during mid-day trading on Friday . The stock traded as high as €121.40 ($125.15) and last traded at €120.80 ($124.54). 21,885 shares changed hands during mid-day trading, a decline of 35% from the average session volume of 33,680 shares. The stock had previously closed at €120.00 ($123.71).

Krones Stock Performance

The firm has a market cap of $3.81 billion, a price-to-earnings ratio of 15.97, a P/E/G ratio of 0.78 and a beta of 1.14. The firm’s 50 day moving average price is €119.94 and its 200-day moving average price is €121.83. The company has a debt-to-equity ratio of 7.17, a current ratio of 1.30 and a quick ratio of 0.98.

About Krones

(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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