Klöckner & Co SE (ETR:KCO) Trading Up 0.5% – Here’s What Happened

Shares of Klöckner & Co SE (ETR:KCO) shot up 0.5% on Wednesday . The company traded as high as €12.56 and last traded at €12.56. 45,872 shares were traded during mid-day trading, a decline of 92% from the average session volume of 600,641 shares. The stock had previously closed at €12.50.

Klöckner & Co SE Stock Down 0.3%

The company has a quick ratio of 0.80, a current ratio of 2.21 and a debt-to-equity ratio of 48.47. The business has a 50-day simple moving average of €11.73 and a 200-day simple moving average of €8.95. The stock has a market cap of $1.26 billion, a P/E ratio of -4.76, a PEG ratio of -0.08 and a beta of 1.52.

About Klöckner & Co SE

Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. The company operates through three segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU. It offers flat steel products; long steel products; tubes and hollow sections; stainless steel and high-grade steel; and aluminum products for building installations, roof and wall construction, and water supply. The company also provides various services, including cutting and splitting of steel strips; forming and manufacturing of pressed parts; CNC turning/milling; 2D/3D tube laser cutting; laser and water jet cutting; structural steel processing; plasma and oxy-fuel cutting; shot blasting and primer painting; and sawing/drilling/rounding off.