Grammer (ETR:GMM) Trading Up 4% – Here’s Why

Grammer AG (ETR:GMM) shares traded up 4% during trading on Monday . The stock traded as high as €6.50 and last traded at €6.50. 2,124 shares were traded during mid-day trading, a decline of 88% from the average session volume of 18,134 shares. The stock had previously closed at €6.25.

Grammer Price Performance

The stock has a market capitalization of $95.18 million, a price-to-earnings ratio of -1.13, a PEG ratio of 3.32 and a beta of 0.96. The firm has a 50-day moving average of €6.03 and a 200 day moving average of €6.35.

About Grammer

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.