Knorr-Bremse (ETR:KBX) Trading Up 3.7% – Here’s Why

Knorr-Bremse AG (ETR:KBX) traded up 3.7% on Thursday . The company traded as high as €100.90 and last traded at €100.70. 204,475 shares changed hands during mid-day trading, The stock had previously closed at €97.15.

Knorr-Bremse Stock Performance

The company has a debt-to-equity ratio of 99.36, a current ratio of 1.87 and a quick ratio of 1.10. The firm has a fifty day simple moving average of €103.30 and a 200 day simple moving average of €92.80. The company has a market capitalization of $16.61 billion, a price-to-earnings ratio of 27.23, a price-to-earnings-growth ratio of 16.71 and a beta of 1.12.

Knorr-Bremse Company Profile

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.