Grammer (ETR:GMM) Stock Falls 7.4% – Here’s Why

Grammer AG (ETR:GMM – Get Free Report) shares traded down 7.4% during trading on Monday. The stock traded as low as €9.25 and last traded at €9.45. Approximately 9,927 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 18,134 shares. The stock had previously closed at €10.20.

Grammer Stock Performance

The company has a 50-day simple moving average of €12.24 and a two-hundred day simple moving average of €9.29. The company has a debt-to-equity ratio of 137.12, a quick ratio of 0.55 and a current ratio of 0.88. The firm has a market capitalization of $138.38 million, a P/E ratio of -1.65, a PEG ratio of 3.32 and a beta of 0.98.

Grammer Company Profile

(Get Free Report)

Grammer AG engages in the development, production, and sale of components and systems for automotive interiors worldwide. The Automotive business supplies headrests, armrests, center console systems, interior components and operating elements, and thermoplastic solutions to automotive OEMs and their system suppliers. The Commercial Vehicles business develops and produces driver and passenger seats for trucks, tractors, construction machinery, and forklifts for commercial vehicles OEMs, bus and rolling stock OEMs, and railway operators; and seats and seating systems for trains and buses.

Further Reading

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