ElringKlinger (OTCMKTS:ELLRY) Shares Up 35.7% – Here’s What Happened

ElringKlinger AG (OTCMKTS:ELLRY)’s share price shot up 35.7% during trading on Friday . The stock traded as high as $2.85 and last traded at $2.85. 500 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 1,250 shares. The stock had previously closed at $2.10.

ElringKlinger Stock Up 35.7%

The company has a 50 day moving average price of $2.41 and a 200 day moving average price of $2.29.

ElringKlinger Company Profile

ElringKlinger AG develops, manufactures, and sells systems and components for the automotive industry in Germany, the Asia-Pacific, North America, rest of Europe, and internationally. It operates through four segments: Original Equipment, Aftermarket, Engineered Plastics, and Other. The Original Equipment segment is involved in the development, manufacture, and sale of products and assemblies, such as metal sealing systems and drive train components; thermoplastics for drivetrains, body, and underbody applications; hybrid technologies; thermal, acoustic, and aerodynamic shielding systems; cylinder-head and specialty gaskets; battery and fuel cell components and systems; electric drive units; and exhaust gas purification.