Dr. Hönle (ETR:HNL) Trading Up 3% – What’s Next?

Dr. Hönle AG (ETR:HNLGet Free Report)’s stock price shot up 3% on Tuesday . The company traded as high as €8.40 and last traded at €8.26. 3,702 shares traded hands during mid-day trading, The stock had previously closed at €8.02.

Dr. Hönle Stock Up 3.0%

The company’s 50 day simple moving average is €9.12 and its 200-day simple moving average is €9.00. The company has a current ratio of 1.71, a quick ratio of 0.85 and a debt-to-equity ratio of 62.80. The firm has a market cap of $49.22 million, a P/E ratio of -3.71, a PEG ratio of -0.39 and a beta of 1.49.

Dr. Hönle Company Profile

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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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