Koenig & Bauer (ETR:SKB) Trading 2.3% Higher – Here’s What Happened

Koenig & Bauer AG (ETR:SKBGet Free Report)’s share price rose 2.3% on Tuesday . The company traded as high as €9.28 and last traded at €9.28. Approximately 7,660 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 51,918 shares. The stock had previously closed at €9.07.

Koenig & Bauer Price Performance

The company has a current ratio of 1.45, a quick ratio of 0.36 and a debt-to-equity ratio of 84.16. The company has a market capitalization of $154.28 million, a PE ratio of -2.47, a price-to-earnings-growth ratio of 6.13 and a beta of 1.25. The stock’s 50-day moving average is €9.08 and its two-hundred day moving average is €9.50.

About Koenig & Bauer

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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.

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