Dr. Hönle (ETR:HNL) Stock Price Down 1.5% – Here’s Why

Dr. Hönle AG (ETR:HNLGet Free Report) shares were down 1.5% during trading on Tuesday . The company traded as low as €9.00 ($9.89) and last traded at €9.10 ($10.00). Approximately 8,905 shares changed hands during mid-day trading, The stock had previously closed at €9.24 ($10.15).

Dr. Hönle Stock Performance

The company has a debt-to-equity ratio of 67.04, a current ratio of 1.92 and a quick ratio of 0.85. The firm has a market cap of $54.23 million, a PE ratio of -4.09, a PEG ratio of -0.39 and a beta of 1.45. The business has a 50-day simple moving average of €8.96 and a 200 day simple moving average of €9.75.

About Dr. Hönle

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Dr. Hönle AG engages in the supply of industrial UV technologies and systems in Germany and internationally. The company operates through three segments: Adhesives, Equipment & Systems, and Glass & Lamps. The Adhesives segment provides industrial adhesives for applications, such as consumer electronics, automotive, optics and opto-electronics, medical technology, and glass processing.

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