Krones (ETR:KRN) Shares Down 0.3% – Time to Sell?

Krones AG (ETR:KRN)’s share price fell 0.3% during mid-day trading on Wednesday . The company traded as low as €133.80 ($145.43) and last traded at €134.40 ($146.09). 33,583 shares changed hands during mid-day trading, a decline of 0% from the average session volume of 33,680 shares. The stock had previously closed at €134.80 ($146.52).

Krones Stock Performance

The firm’s 50 day moving average is €131.18 and its 200 day moving average is €125.22. The company has a debt-to-equity ratio of 3.44, a quick ratio of 0.98 and a current ratio of 1.34. The stock has a market cap of $4.24 billion, a P/E ratio of 16.98, a price-to-earnings-growth ratio of 0.78 and a beta of 1.14.

About Krones

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.