K+S Aktiengesellschaft (ETR:SDF) Trading Down 1.7% – Here’s Why

K+S Aktiengesellschaft (ETR:SDF)’s share price traded down 1.7% during mid-day trading on Wednesday . The stock traded as low as €11.06 ($11.29) and last traded at €11.08 ($11.31). 862,745 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 1,080,000 shares. The stock had previously closed at €11.28 ($11.51).

K+S Aktiengesellschaft Stock Down 2.6 %

The company has a debt-to-equity ratio of 16.28, a quick ratio of 1.31 and a current ratio of 2.69. The firm’s fifty day simple moving average is €11.10 and its 200 day simple moving average is €11.24. The stock has a market capitalization of $1.93 billion, a price-to-earnings ratio of 215.90, a P/E/G ratio of 9.50 and a beta of 0.81.

About K+S Aktiengesellschaft

K+S Aktiengesellschaft, together with its subsidiaries, operates as a supplier of mineral products for the agricultural, industrial, consumer, and community sectors worldwide. It offers potassium chloride for crops, such as grain, corn, rice, and soybean; fertilizer specialties that are used for crops with magnesium and sulfur requirements, including rapeseed and potatoes, as well as for chloride-sensitive crops consisting of citrus, grapes, and vegetables; and water-soluble fertilizers for use in fertigation of fruit and vegetables under the KALISOP, KORN-KALI, ROLL-KALI, PATENTKALI, ESTA KIESERIT, MAGNESIA-KAINIT, SOLUMOP, SOLUSOP, SOLUCMS, SOLUMAP, SOLUMKP, EPSO TOP, EPSO MICROTOP, EPSO COMBITOP, EPSO PROFITOP, and EPSO BORTOP brands.