Grammer (ETR:GMM) Trading 5.9% Higher – What’s Next?

Grammer AG (ETR:GMMGet Free Report) shot up 5.9% on Friday . The stock traded as high as €6.30 and last traded at €6.30. 26,178 shares traded hands during trading, an increase of 44% from the average session volume of 18,134 shares. The stock had previously closed at €5.95.

Grammer Stock Up 5.9%

The company has a fifty day simple moving average of €6.28 and a 200-day simple moving average of €6.49. The firm has a market cap of $92.25 million, a P/E ratio of -1.10, a price-to-earnings-growth ratio of 3.32 and a beta of 0.96.

About Grammer

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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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