Grammer (ETR:GMM) Shares Up 1.6% – What’s Next?

Shares of Grammer AG (ETR:GMM – Get Free Report) were up 1.6% during mid-day trading on Monday. The stock traded as high as €13.10 and last traded at €13.00. Approximately 1,170 shares traded hands during trading, a decline of 94% from the average daily volume of 18,134 shares. The stock had previously closed at €12.80.

Grammer Stock Performance

The stock has a market capitalization of $190.37 million, a price-to-earnings ratio of -2.26, a price-to-earnings-growth ratio of 3.32 and a beta of 0.98. The company has a quick ratio of 0.55, a current ratio of 0.88 and a debt-to-equity ratio of 137.12. The stock’s 50-day simple moving average is €12.28 and its 200 day simple moving average is €9.94.

Grammer Company Profile

(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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