Gerresheimer (ETR:GXI) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Shares of Gerresheimer AG (ETR:GXI) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of €27.09 and traded as low as €26.84. Gerresheimer shares last traded at €26.90, with a volume of 109,697 shares traded.

Gerresheimer Stock Up 1.0%

The firm’s fifty day moving average is €27.09 and its two-hundred day moving average is €23.88. The firm has a market cap of $929.87 million, a price-to-earnings ratio of 8.14, a P/E/G ratio of 0.82 and a beta of 0.47. The company has a debt-to-equity ratio of 147.98, a current ratio of 0.81 and a quick ratio of 0.40.

About Gerresheimer

Gerresheimer AG, together with its subsidiaries, manufactures and sells medicine packaging, drug delivery devices, and solutions in Germany and internationally. It operates through three divisions: Plastics & Devices, Primary Packaging Glass, and Advanced Technologies. The company offers prefillable syringes, plastic and glass packaging solutions, vials, glass cartridges and ampoules, bottles and containers, and glass bottles and jars, as well as caps, closures, applicators, and accessories; development, industrialization and contract manufacturing of drug delivery programs; project and quality management; and drug delivery systems, including inhalers, injection/auto injectors, pen injectors, infusion systems, and inhalation assessment, autoinjector, and other services.