Koenig & Bauer (ETR:SKB) Stock Price Down 1.5% – Here’s Why
by Mitch Edgeman · The Markets DailyShares of Koenig & Bauer AG (ETR:SKB – Get Free Report) dropped 1.5% during trading on Tuesday . The company traded as low as €7.75 and last traded at €8.00. Approximately 22,976 shares traded hands during trading, a decline of 56% from the average daily volume of 51,918 shares. The stock had previously closed at €8.12.
Koenig & Bauer Stock Up 4.7%
The firm has a market capitalization of $140.15 million, a PE ratio of -2.24, a price-to-earnings-growth ratio of 6.13 and a beta of 1.50. The company has a current ratio of 1.38, a quick ratio of 0.36 and a debt-to-equity ratio of 82.26. The firm has a 50-day moving average of €9.09 and a two-hundred day moving average of €10.81.
About Koenig & Bauer
Koenig & Bauer AG develops and manufactures printing and postprint systems worldwide. It operates through three segments: Sheetfed, Digital & Webfed, and Special. The Sheetfed segment offers offset presses for packaging and commercial printing, as well as workflow and logistics solutions; and peripheral equipment for finishing and processing printed products, such as rotary/flatbed die cutters and folding-box gluing lines. The Digital & Web segment provides digital and offset web-fed presses for decor, flexible packaging, and newspaper and commercial printing applications.