Dr. Hönle (ETR:HNL) Shares Down 1.2% – Here’s What Happened

Dr. Hönle AG (ETR:HNL)’s share price traded down 1.2% during mid-day trading on Thursday . The stock traded as low as €8.48 and last traded at €8.48. 1,454 shares were traded during trading, The stock had previously closed at €8.58.

Dr. Hönle Trading Down 1.9%

The company has a 50 day moving average of €9.19 and a 200 day moving average of €8.18. The firm has a market cap of $49.22 million, a P/E ratio of -3.71, a PEG ratio of -0.39 and a beta of 1.45. The company has a debt-to-equity ratio of 63.28, a quick ratio of 0.85 and a current ratio of 1.77.

About Dr. Hönle

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. The Equipment & Systems segment engages in the provision of solutions used for drying inks and coatings, curing adhesives and plastics, disinfecting surfaces, and solar simulation.