Grammer (ETR:GMM) Trading Down 6.2% – Here’s What Happened

Grammer AG (ETR:GMM)’s stock price was down 6.2% during trading on Friday . The company traded as low as €10.50 and last traded at €10.60. Approximately 1,952 shares traded hands during trading, a decline of 89% from the average session volume of 18,134 shares. The stock had previously closed at €11.30.

Grammer Price Performance

The company has a 50 day moving average price of €8.98 and a 200 day moving average price of €7.83. The company has a current ratio of 1.12, a quick ratio of 0.55 and a debt-to-equity ratio of 255.01. The company has a market capitalization of $155.22 million, a price-to-earnings ratio of -1.85, a PEG ratio of 3.32 and a beta of 0.95.

Grammer Company Profile

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.