Stabilus (ETR:STM) Shares Up 0.7% – Time to Buy?

Shares of Stabilus SE (ETR:STM) shot up 0.7% during trading on Wednesday . The company traded as high as €20.05 and last traded at €20.00. 54,528 shares changed hands during mid-day trading, an increase of 49% from the average session volume of 36,533 shares. The stock had previously closed at €19.86.

Stabilus Stock Up 0.7%

The company has a quick ratio of 3.21, a current ratio of 1.97 and a debt-to-equity ratio of 126.33. The stock has a market cap of $515.99 million, a P/E ratio of 7.34, a P/E/G ratio of 3.06 and a beta of 1.20. The company’s 50 day moving average price is €20.65 and its two-hundred day moving average price is €23.45.

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.