Klöckner & Co SE (ETR:KCO) Shares Down 0.5% – Time to Sell?

by · The Cerbat Gem

Klöckner & Co SE (ETR:KCOGet Free Report) shares dropped 0.5% on Wednesday . The stock traded as low as €7.65 and last traded at €7.81. Approximately 881,075 shares traded hands during trading, an increase of 47% from the average daily volume of 600,641 shares. The stock had previously closed at €7.85.

Klöckner & Co SE Price Performance

The company has a market cap of $784.03 million, a P/E ratio of -2.96, a P/E/G ratio of -0.08 and a beta of 1.89. The stock’s 50-day moving average is €5.66 and its two-hundred day moving average is €5.98.

Klöckner & Co SE Company Profile

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Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. The company operates through three segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU. It offers flat steel products; long steel products; tubes and hollow sections; stainless steel and high-grade steel; and aluminum products for building installations, roof and wall construction, and water supply.

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