Grammer (ETR:GMM) Trading Down 6.2% – What’s Next?

Grammer AG (ETR:GMMGet Free Report)’s share price dropped 6.2% during mid-day trading on Friday . The company traded as low as €10.50 and last traded at €10.60. Approximately 1,952 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 18,134 shares. The stock had previously closed at €11.30.

Grammer Stock Performance

The stock’s 50-day moving average price is €8.98 and its 200-day moving average price is €7.83. The company has a debt-to-equity ratio of 255.01, a quick ratio of 0.55 and a current ratio of 1.12. The company has a market capitalization of $155.22 million, a price-to-earnings ratio of -1.85, a P/E/G ratio of 3.32 and a beta of 0.95.

About Grammer

(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.

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