Knorr-Bremse (ETR:KBX) Trading Down 2.4% – What’s Next?

Knorr-Bremse AG (ETR:KBX) shares dropped 2.4% on Friday . The company traded as low as €80.05 ($87.97) and last traded at €80.85 ($88.85). Approximately 257,510 shares traded hands during mid-day trading, The stock had previously closed at €82.80 ($90.99).

Knorr-Bremse Trading Down 7.0 %

The company has a current ratio of 1.64, a quick ratio of 1.10 and a debt-to-equity ratio of 131.90. The company has a fifty day moving average price of €83.26 and a two-hundred day moving average price of €77.47. The firm has a market capitalization of $12.40 billion, a price-to-earnings ratio of 20.33, a PEG ratio of 16.71 and a beta of 0.96.

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.