Jungheinrich Aktiengesellschaft (ETR:JUN3) Trading Down 1.7% – Here’s What Happened

Jungheinrich Aktiengesellschaft (ETR:JUN3) dropped 1.7% during trading on Tuesday . The stock traded as low as €24.84 ($27.00) and last traded at €24.84 ($27.00). Approximately 73,453 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 126,014 shares. The stock had previously closed at €25.26 ($27.46).

Jungheinrich Aktiengesellschaft Stock Performance

The company has a market cap of $1.19 billion, a price-to-earnings ratio of 9.13, a PEG ratio of 2.83 and a beta of 1.75. The firm’s 50 day simple moving average is €26.49 and its 200-day simple moving average is €30.64. The company has a debt-to-equity ratio of 126.91, a quick ratio of 0.84 and a current ratio of 1.38.

About Jungheinrich Aktiengesellschaft

Jungheinrich Aktiengesellschaft, through its subsidiaries, provides products and solutions for the intralogistics sector with a portfolio of material handling equipment, automated systems, and matching services worldwide. It operates in two segments, Intralogistics and Financial Services. The Intralogistics segment engages in the development, production, sale, and short-term rental of new material handling equipment and warehousing equipment products, including automation; sale and short-term leasing of used trucks; and provides spare parts, as well as maintenance and repair services.