Stabilus (ETR:STM) Trading 1.5% Higher – Here’s Why

Stabilus SE (ETR:STM)’s stock price was up 1.5% on Tuesday . The stock traded as high as €16.10 and last traded at €16.10. Approximately 70,379 shares changed hands during trading, an increase of 93% from the average daily volume of 36,533 shares. The stock had previously closed at €15.86.

Stabilus Trading Up 1.5%

The company has a market cap of $415.37 million, a price-to-earnings ratio of 5.91, a PEG ratio of 3.06 and a beta of 0.83. The company has a debt-to-equity ratio of 126.69, a current ratio of 1.67 and a quick ratio of 3.21. The business’s 50-day simple moving average is €18.25 and its 200-day simple moving average is €20.39.

About Stabilus

Stabilus SE, together with its subsidiaries, engages in the manufacture and sale of gas springs, dampers, vibration isolation products, and electric tailgate opening and closing equipment in Europe, the Middle East, Africa, North and South America, the Asia-Pacific, and internationally. Its products are used in automotive, navy and railways, commercial vehicles, aerospace, marine and rail, energy and construction, mechanical engineering, industrial machinery and automation, health, recreation, leisure, and furniture industries.