Knorr-Bremse (ETR:KBX) Trading Up 0.9% – What’s Next?

Knorr-Bremse AG (ETR:KBXGet Free Report)’s stock price shot up 0.9% on Friday . The company traded as high as €72.05 ($73.52) and last traded at €71.60 ($73.06). 83,829 shares were traded during trading, The stock had previously closed at €70.95 ($72.40).

Knorr-Bremse Price Performance

The firm’s 50 day moving average price is €71.68 and its two-hundred day moving average price is €73.77. The company has a debt-to-equity ratio of 70.00, a current ratio of 1.40 and a quick ratio of 1.10. The stock has a market cap of $11.18 billion, a PE ratio of 18.59, a P/E/G ratio of 16.71 and a beta of 0.96.

About Knorr-Bremse

(Get Free Report)

Knorr-Bremse AG, together with its subsidiaries, engages in the development, production, marketing, and servicing of braking and other systems for rail and commercial vehicles worldwide. The company operates in two segments, Rail Vehicle Systems and Commercial Vehicle Systems. The Rail Vehicle Systems segment offers braking systems, entrance and HVAC systems, sanitary systems, coupling systems, digital solutions, smart services for optimizing rail traffic, power electrics, rail computing and communication (RCC)/TCMS, signaling systems, stationary and mobile testing equipment, windshield wiper and wash systems, and extensive aftermarket solutions.

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