Stabilus (ETR:STM) Shares Up 1.5% – Here’s Why

Shares of Stabilus SE (ETR:STM) rose 1.5% during mid-day trading on Tuesday . The stock traded as high as €16.10 and last traded at €16.10. Approximately 70,379 shares traded hands during trading, an increase of 93% from the average daily volume of 36,533 shares. The stock had previously closed at €15.86.

Stabilus Stock Up 1.1%

The firm has a market capitalization of $411.76 million, a P/E ratio of 5.86, a PEG ratio of 3.06 and a beta of 0.83. The company has a debt-to-equity ratio of 126.69, a quick ratio of 3.21 and a current ratio of 1.67. The firm’s 50-day moving average is €18.19 and its 200 day moving average is €20.36.

About Stabilus

Stabilus SE, together with its subsidiaries, engages in the manufacture and sale of gas springs, dampers, vibration isolation products, and electric tailgate opening and closing equipment in Europe, the Middle East, Africa, North and South America, the Asia-Pacific, and internationally. Its products are used in automotive, navy and railways, commercial vehicles, aerospace, marine and rail, energy and construction, mechanical engineering, industrial machinery and automation, health, recreation, leisure, and furniture industries.