Grammer (ETR:GMM) Trading 4% Higher – Still a Buy?

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

Grammer Stock Up 4.0%

The business has a 50-day simple moving average of €6.03 and a 200-day simple moving average of €6.35. The stock has a market cap of $95.18 million, a P/E ratio of -1.13, a PEG ratio of 3.32 and a beta of 0.96.

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.