Shares of Stabilus SE (ETR:STM – Get Free Report) shot up 0.7% during mid-day trading on Wednesday . The company traded as high as €22.75 ($25.85) and last traded at €22.45 ($25.51). 86,357 shares were traded during trading, an increase of 136% from the average session volume of 36,533 shares. The stock had previously closed at €22.30 ($25.34).
Stabilus Stock Performance
The business has a 50-day simple moving average of €27.67 and a 200 day simple moving average of €31.29. The firm has a market cap of $579.20 million, a PE ratio of 8.24, a PEG ratio of 3.06 and a beta of 1.20. The company has a debt-to-equity ratio of 126.33, a current ratio of 1.97 and a quick ratio of 3.21.
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.
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