KSB SE & Co. KGaA (ETR:KSB) Shares Up 7% – Here’s Why

KSB SE & Co. KGaA (ETR:KSB)’s stock price shot up 7% during trading on Monday . The company traded as high as €1,220.00 and last traded at €1,220.00. 309 shares changed hands during trading, The stock had previously closed at €1,140.00.

KSB SE & Co. KGaA Trading Up 7.0%

The firm has a market cap of $2.15 billion, a price-to-earnings ratio of 15.01, a price-to-earnings-growth ratio of 0.22 and a beta of 0.75. The business has a 50 day moving average of €1,068.60 and a 200 day moving average of €988.13. The company has a quick ratio of 1.15, a current ratio of 1.97 and a debt-to-equity ratio of 5.22.

KSB SE & Co. KGaA Company Profile

KSB SE & Co KGaA, together with its subsidiaries, manufactures and supplies pumps, valves, and related services worldwide. It operates through three segments: Pumps, Valves, and KSB SupremeServ. The Pumps segment offers single and multistage pumps, submersible pumps, and associated control and drive systems. The Valves segment provides butterfly, globe, gate, control, diaphragm, and ball valves, as well as associated actuators and control systems. The KSB SupremeServ segment is involved in the installation, commissioning, start-up, inspection, servicing, maintenance, and repair of pumps, valves, and related systems for various applications; modular service concepts and system analyses for complete systems; and spare parts for pumps and valves.