Grammer (ETR:GMM) Trading Down 8.4% – Should You Sell?

Grammer AG (ETR:GMMGet Free Report) shares traded down 8.4% during mid-day trading on Monday . The company traded as low as €6.00 and last traded at €6.00. 7,335 shares changed hands during trading, a decline of 60% from the average session volume of 18,134 shares. The stock had previously closed at €6.55.

Grammer Trading Down 8.4%

The firm has a 50-day simple moving average of €6.09 and a two-hundred day simple moving average of €6.39. The company has a market capitalization of $87.86 million, a price-to-earnings ratio of -1.04, 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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