Drägerwerk AG & Co. KGaA (ETR:DRW3) Trading Up 1.5% – Here’s What Happened

Drägerwerk AG & Co. KGaA (ETR:DRW3)’s stock price shot up 1.5% on Thursday . The stock traded as high as €62.90 ($68.37) and last traded at €62.50 ($67.93). 28,856 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 33,804 shares. The stock had previously closed at €61.60 ($66.96).

Drägerwerk AG & Co. KGaA Stock Performance

The company has a debt-to-equity ratio of 20.57, a current ratio of 1.89 and a quick ratio of 0.81. The stock has a market cap of $1.11 billion, a P/E ratio of 10.56, a PEG ratio of 1.24 and a beta of -0.31. The stock has a 50-day simple moving average of €56.67 and a 200-day simple moving average of €49.68.

About Drägerwerk AG & Co. KGaA

Drägerwerk AG & Co KGaA operates as a medical and safety technology company worldwide. It develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency medicine, perioperative care, intensive care, and perinatal medicine. The company also develops, produces, and markets products, system solutions, and services for personal protection, gas detection technology, and integrated hazard management to customers in industry and mining sectors, as well as public sectors, such as fire departments, police, and disaster protection.