Dr. Hönle (ETR:HNL) Trading Up 0.5% – Time to Buy?

Dr. Hönle AG (ETR:HNLGet Free Report)’s share price shot up 0.5% during mid-day trading on Tuesday . The company traded as high as €7.90 and last traded at €7.90. Approximately 644 shares changed hands during mid-day trading, The stock had previously closed at €7.86.

Dr. Hönle Price Performance

The business’s 50-day simple moving average is €8.65 and its 200-day simple moving average is €9.00. The stock has a market cap of $47.08 million, a PE ratio of -3.55, a PEG ratio of -0.39 and a beta of 1.49. The company has a quick ratio of 0.85, a current ratio of 1.71 and a debt-to-equity ratio of 62.80.

About Dr. Hönle

(Get Free Report)

Dr. Hönle AG engages in the supply of industrial UV technologies and systems in Germany and internationally. The company operates through three segments: Adhesives, Equipment & Systems, and Glass & Lamps. The Adhesives segment provides industrial adhesives for applications, such as consumer electronics, automotive, optics and opto-electronics, medical technology, and glass processing. The Equipment & Systems segment engages in the provision of solutions used for drying inks and coatings, curing adhesives and plastics, disinfecting surfaces, and solar simulation.

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