Knorr-Bremse (ETR:KBX) Stock Price Up 1%

Knorr-Bremse AG (ETR:KBX)’s stock price rose 1% during trading on Tuesday . The company traded as high as €70.30 ($74.79) and last traded at €69.75 ($74.20). Approximately 92,788 shares changed hands during mid-day trading, The stock had previously closed at €69.05 ($73.46).

Knorr-Bremse Price Performance

The firm has a market capitalization of $11.10 billion, a price-to-earnings ratio of 20.07, a price-to-earnings-growth ratio of 16.71 and a beta of 0.94. The stock’s fifty day moving average price is €65.80 and its two-hundred day moving average price is €59.87. The company has a current ratio of 1.75, a quick ratio of 1.10 and a debt-to-equity ratio of 70.91.

About Knorr-Bremse

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.