Jungheinrich Aktiengesellschaft (ETR:JUN3) Shares Down 0.9% – Here’s Why

Jungheinrich Aktiengesellschaft (ETR:JUN3)’s stock price dropped 0.9% during trading on Thursday . The stock traded as low as €33.70 ($36.63) and last traded at €33.74 ($36.67). Approximately 130,193 shares traded hands during mid-day trading, an increase of 3% from the average daily volume of 126,014 shares. The stock had previously closed at €34.06 ($37.02).

Jungheinrich Aktiengesellschaft Price Performance

The company has a current ratio of 1.38, a quick ratio of 0.84 and a debt-to-equity ratio of 30.71. The business’s 50 day moving average price is €28.82 and its two-hundred day moving average price is €26.57. The stock has a market cap of $3.47 billion, a P/E ratio of 12.50, a price-to-earnings-growth ratio of 2.83 and a beta of 1.75.

Jungheinrich Aktiengesellschaft Company Profile

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.