Koenig & Bauer (ETR:SKB) Stock Falls 0.9% – Here’s Why

Koenig & Bauer AG (ETR:SKB – Get Free Report)’s stock price dropped 0.9% during trading on Friday. The company traded as low as €8.82 and last traded at €8.84. Approximately 1,822 shares changed hands during trading, a decline of 96% from the average daily volume of 51,918 shares. The stock had previously closed at €8.92.

Koenig & Bauer Price Performance

The company has a debt-to-equity ratio of 88.02, a current ratio of 1.40 and a quick ratio of 0.36. The stock has a market capitalization of $146.97 million, a P/E ratio of -2.35, a P/E/G ratio of 6.13 and a beta of 1.19. The firm has a fifty day moving average of €8.91 and a two-hundred day moving average of €8.91.

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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