Klöckner & Co SE (ETR:KCO) Stock Price Crosses Below 50-Day Moving Average – Should You Sell?

Klöckner & Co SE (ETR:KCO) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of €12.35 and traded as low as €12.22. Klöckner & Co SE shares last traded at €12.22, with a volume of 546,826 shares.

Klöckner & Co SE Price Performance

The company has a market capitalization of $1.23 billion, a PE ratio of -4.63, a PEG ratio of -0.08 and a beta of 1.23. The company has a current ratio of 2.15, a quick ratio of 0.80 and a debt-to-equity ratio of 90.55. The firm has a fifty day moving average of €12.35 and a two-hundred day moving average of €12.03.

Klöckner & Co SE Company Profile

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.