Knorr-Bremse (ETR:KBX) Stock Price Up 0.9% – Here’s Why

Knorr-Bremse AG (ETR:KBXGet Free Report)’s stock price was up 0.9% during trading on Friday . The company traded as high as €72.05 ($73.52) and last traded at €71.60 ($73.06). Approximately 83,829 shares traded hands during mid-day trading, The stock had previously closed at €70.95 ($72.40).

Knorr-Bremse Trading Up 0.9 %

The firm has a market cap of $11.54 billion, a price-to-earnings ratio of 19.20, a price-to-earnings-growth ratio of 16.71 and a beta of 0.96. The company has a debt-to-equity ratio of 70.00, a quick ratio of 1.10 and a current ratio of 1.40. The company has a 50 day moving average price of €71.76 and a 200 day moving average price of €73.77.

About Knorr-Bremse

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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.

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