KWS SAAT SE & Co. KGaA (ETR:KWS) Stock Passes Below 50 Day Moving Average – Here’s Why

Shares of KWS SAAT SE & Co. KGaA (ETR:KWS) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of €57.28 ($62.95) and traded as low as €54.00 ($59.34). KWS SAAT SE & Co. KGaA shares last traded at €54.70 ($60.11), with a volume of 26,114 shares trading hands.

KWS SAAT SE & Co. KGaA Stock Down 2.0 %

The stock has a 50-day moving average price of €57.28 and a 200-day moving average price of €59.66. The company has a debt-to-equity ratio of 33.99, a current ratio of 2.42 and a quick ratio of 1.03. The company has a market capitalization of $1.59 billion, a P/E ratio of 6.23, a P/E/G ratio of 3.06 and a beta of 0.63.

About KWS SAAT SE & Co. KGaA

KWS SAAT SE & Co KGaA develops, produces, and distributes seeds for farmers in Germany, rest of Europe, North and South America, and internationally. It operates through four segments: Corn, Sugarbeet, Cereals, and Vegetables. The Corn segment breeds, produces, and distributes seed for corn, soybeans, and sunflowers.