Gerresheimer (ETR:GXI) Stock Price Down 5.4% – Here’s What Happened

Gerresheimer AG (ETR:GXI)’s share price traded down 5.4% on Tuesday . The stock traded as low as €19.15 and last traded at €19.46. 144,029 shares traded hands during mid-day trading, an increase of 2% from the average session volume of 140,925 shares. The stock had previously closed at €20.58.

Gerresheimer Trading Down 5.4%

The business has a fifty day moving average price of €21.21 and a 200-day moving average price of €26.39. The company has a quick ratio of 0.40, a current ratio of 0.98 and a debt-to-equity ratio of 164.82. The company has a market cap of $666.25 million, a P/E ratio of 5.83, a PEG ratio of 0.82 and a beta of 0.57.

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.