Klöckner & Co SE (ETR:KCO) Stock Price Up 2.5% – Should You Buy?

Klöckner & Co SE (ETR:KCO) traded up 2.5% during trading on Wednesday . The company traded as high as €8.18 and last traded at €8.12. 143,992 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 600,641 shares. The stock had previously closed at €7.92.

Klöckner & Co SE Stock Performance

The stock has a market capitalization of $815.15 million, a PE ratio of -3.08, a P/E/G ratio of -0.08 and a beta of 1.89. The company’s fifty day simple moving average is €6.45 and its two-hundred day simple moving average is €6.16.

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.