Gerresheimer (OTCMKTS:GRRMF) Trading Down 5% – Here’s Why

Gerresheimer AG (OTCMKTS:GRRMFGet Free Report)’s stock price was down 5% on Monday . The stock traded as low as $30.50 and last traded at $30.50. 100 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 253 shares. The stock had previously closed at $32.10.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on GRRMF shares. Barclays lowered Gerresheimer from an “overweight” rating to an “underweight” rating in a report on Tuesday, April 28th. Sanford C. Bernstein upgraded shares of Gerresheimer from an “underperform” rating to a “market perform” rating in a research report on Wednesday. Finally, Jefferies Financial Group cut shares of Gerresheimer to a “hold” rating in a research note on Monday, May 18th. Three equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Gerresheimer currently has an average rating of “Reduce”.

View Our Latest Stock Analysis on Gerresheimer

Gerresheimer Stock Performance

The company has a 50 day simple moving average of $29.36 and a 200-day simple moving average of $29.59.

Gerresheimer Company Profile

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