Knorr-Bremse (ETR:KBX) Shares Down 0.4% – Here’s Why

Knorr-Bremse AG (ETR:KBXGet Free Report)’s share price dropped 0.4% on Thursday . The company traded as low as €69.80 ($72.71) and last traded at €69.80 ($72.71). Approximately 89,105 shares were traded during mid-day trading, The stock had previously closed at €70.05 ($72.97).

Knorr-Bremse Price Performance

The firm has a market cap of $11.13 billion, a P/E ratio of 18.51, a PEG ratio of 16.71 and a beta of 0.96. The business’s fifty day simple moving average is €74.72 and its 200-day simple moving average is €73.92. The company has a current ratio of 1.40, a quick ratio of 1.10 and a debt-to-equity ratio of 70.00.

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.

Further Reading

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