Dr. Hönle (ETR:HNL) Stock Crosses Above 50-Day Moving Average – What’s Next?

Shares of Dr. Hönle AG (ETR:HNL – Get Free Report) crossed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of €7.55 and traded as high as €7.64. Dr. Hönle shares last traded at €7.56, with a volume of 3,245 shares changing hands.

Dr. Hönle Stock Performance

The company has a debt-to-equity ratio of 61.41, a quick ratio of 0.85 and a current ratio of 1.69. The stock has a market capitalization of $45.17 million, a P/E ratio of -3.40, a PEG ratio of -0.39 and a beta of 1.48. The business has a 50-day moving average price of €7.55 and a 200 day moving average price of €8.57.

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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