Leoni (ETR:LEO) Shares Down 1.1%

Leoni Ag (ETR:LEOGet Rating)’s stock price fell 1.1% during trading on Thursday . The stock traded as low as €6.80 ($6.94) and last traded at €6.85 ($6.99). 57,027 shares traded hands during trading, a decline of 70% from the average session volume of 187,504 shares. The stock had previously closed at €6.93 ($7.07).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. set a €10.00 ($10.20) price objective on shares of Leoni in a research note on Thursday, June 9th.

Leoni Trading Down 1.1 %

The stock has a market capitalization of $223.78 million and a P/E ratio of -7.93. The firm’s 50 day moving average price is €7.41 and its 200 day moving average price is €8.00. The company has a debt-to-equity ratio of 584.36, a current ratio of 0.88 and a quick ratio of 0.31.

About Leoni

(Get Rating)

LEONI AG, together with its subsidiaries, provides products, solutions, and services for energy and data management in the automotive sector and other industries worldwide. It operates in two divisions, Wiring Systems, and Wire & Cable Solutions. The Wiring Systems division provides complete wiring systems and customized cable harnesses for the motor vehicle industry.

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