News Quanta

Knorr-Bremse (ETR:KBX) Shares Down 0.4% - What's Next?


Knorr-Bremse (ETR:KBX)  Shares Down 0.4%   - What's Next?

Knorr-Bremse AG (ETR:KBX - Get Free Report) dropped 0.4% during mid-day trading on Thursday . The company traded as low as €69.80 ($72.71) and last traded at €69.80 ($72.71). Approximately 89,105 shares traded hands during mid-day trading, The stock had previously closed at €70.05 ($72.97).

The firm has a market capitalization of $11.03 billion, a price-to-earnings ratio of 18.35, a P/E/G ratio of 16.71 and a beta of 0.96. The company's 50 day moving average price is €74.95 and its 200 day moving average price is €73.94. The company has a quick ratio of 1.10, a current ratio of 1.40 and a debt-to-equity ratio of 70.00.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider Knorr-Bremse, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Knorr-Bremse wasn't on the list.

While Knorr-Bremse currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

Previous articleNext article

POPULAR CATEGORY

industry

4455

fun

5672

health

4444

sports

5888