Knorr-Bremse (ETR:KBX) Shares Down 1.2% – Here’s Why

Knorr-Bremse AG (ETR:KBX – Get Free Report)’s stock price traded down 1.2% during mid-day trading on Thursday. The company traded as low as €102.10 and last traded at €102.80. 134,968 shares were traded during trading, The stock had previously closed at €104.10.

Knorr-Bremse Stock Performance

The company has a debt-to-equity ratio of 99.69, a quick ratio of 1.10 and a current ratio of 1.63. The stock has a 50 day moving average of €103.73 and a 200 day moving average of €102.15. 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.

Knorr-Bremse Company Profile

(Get Free Report)

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.

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