Klöckner & Co SE (ETR:KCO) Trading Down 0.3% – Here’s What Happened

Klöckner & Co SE (ETR:KCO)’s stock price was down 0.3% during trading on Tuesday . The company traded as low as €12.36 and last traded at €12.40. Approximately 57,404 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 600,641 shares. The stock had previously closed at €12.44.

Klöckner & Co SE Stock Down 0.3%

The business’s fifty day moving average price is €12.46 and its 200 day moving average price is €10.77. The company has a quick ratio of 0.80, a current ratio of 2.38 and a debt-to-equity ratio of 69.48. The firm has a market capitalization of $1.24 billion, a PE ratio of -4.70, a PEG ratio of -0.08 and a beta of 1.22.

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.