Drägerwerk AG & Co. KGaA (ETR:DRW3) Shares Down 1.1% – Here’s Why

Shares of Drägerwerk AG & Co. KGaA (ETR:DRW3) were down 1.1% on Friday . The stock traded as low as €55.70 ($58.63) and last traded at €55.90 ($58.84). Approximately 14,593 shares were traded during trading, a decline of 57% from the average daily volume of 33,804 shares. The stock had previously closed at €56.50 ($59.47).

Drägerwerk AG & Co. KGaA Price Performance

The company’s 50-day moving average is €46.72 and its 200-day moving average is €46.90. The firm has a market capitalization of $480.74 million, a price-to-earnings ratio of 9.06, a PEG ratio of 1.24 and a beta of -0.31. The company has a debt-to-equity ratio of 32.13, a current ratio of 1.88 and a quick ratio of 0.81.

Drägerwerk AG & Co. KGaA Company Profile

Drägerwerk AG & Co KGaA operates as a medical and safety technology company worldwide. It develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency medicine, perioperative care, intensive care, and perinatal medicine. The company also develops, produces, and markets products, system solutions, and services for personal protection, gas detection technology, and integrated hazard management to customers in industry and mining sectors, as well as public sectors, such as fire departments, police, and disaster protection.