Knorr-Bremse (ETR:KBX) Trading 0.5% Higher – Here’s Why

Knorr-Bremse AG (ETR:KBX)’s share price traded up 0.5% during trading on Thursday . The company traded as high as €99.75 and last traded at €98.80. 96,702 shares changed hands during trading, The stock had previously closed at €98.30.

Knorr-Bremse Trading Up 3.8%

The business has a 50-day moving average price of €102.91 and a two-hundred day moving average price of €102.63. The stock has a market capitalization of $16.95 billion, a P/E ratio of 27.80, a P/E/G ratio of 16.71 and a beta of 1.11. The company has a current ratio of 1.63, a quick ratio of 1.10 and a debt-to-equity ratio of 99.69.

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.