Drägerwerk AG & Co. KGaA (ETR:DRW3) Trading Down 2.2% – Here’s Why

Shares of Drägerwerk AG & Co. KGaA (ETR:DRW3) fell 2.2% on Friday . The stock traded as low as €45.20 ($46.60) and last traded at €45.25 ($46.65). 6,213 shares changed hands during trading, a decline of 82% from the average session volume of 33,804 shares. The stock had previously closed at €46.25 ($47.68).

Drägerwerk AG & Co. KGaA Stock Performance

The company has a debt-to-equity ratio of 32.13, a quick ratio of 0.81 and a current ratio of 1.88. The firm has a market cap of $385.71 million, a P/E ratio of 7.27, a P/E/G ratio of 1.24 and a beta of -0.31. The company’s 50 day moving average is €45.22 and its 200 day moving average is €46.78.

About Drägerwerk AG & Co. KGaA

Drägerwerk AG & Co KGaA operates as a medical and safety technology company worldwide. It develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency medicine, perioperative care, intensive care, and perinatal medicine. The company also develops, produces, and markets products, system solutions, and services for personal protection, gas detection technology, and integrated hazard management to customers in industry and mining sectors, as well as public sectors, such as fire departments, police, and disaster protection.