ElringKlinger (ETR:ZIL2) Trading 1.8% Higher – Here’s Why

ElringKlinger AG (ETR:ZIL2)’s share price shot up 1.8% during mid-day trading on Wednesday . The company traded as high as €4.54 and last traded at €4.54. 54,866 shares were traded during mid-day trading, a decline of 65% from the average session volume of 156,628 shares. The stock had previously closed at €4.46.

ElringKlinger Stock Performance

The company has a debt-to-equity ratio of 92.99, a current ratio of 1.43 and a quick ratio of 0.74. The firm has a market capitalization of $294.01 million, a PE ratio of -27.91, a P/E/G ratio of 1.49 and a beta of 1.22. The company’s fifty day simple moving average is €4.28 and its 200 day simple moving average is €4.28.

ElringKlinger Company Profile

ElringKlinger AG develops, manufactures, and sells systems and components for the automotive industry in Germany, the Asia-Pacific, North America, rest of Europe, and internationally. It operates through four segments: Original Equipment, Aftermarket, Engineered Plastics, and Other. The Original Equipment segment is involved in the development, manufacture, and sale of products and assemblies, such as metal sealing systems and drive train components; thermoplastics for drivetrains, body, and underbody applications; hybrid technologies; thermal, acoustic, and aerodynamic shielding systems; cylinder-head and specialty gaskets; battery and fuel cell components and systems; electric drive units; and exhaust gas purification.