Grammer (ETR:GMM) Stock Price Down 1.3% – Time to Sell?

Grammer AG (ETR:GMM) shares dropped 1.3% on Monday . The stock traded as low as €7.45 and last traded at €7.55. Approximately 570 shares changed hands during trading, a decline of 97% from the average daily volume of 18,134 shares. The stock had previously closed at €7.65.

Grammer Stock Performance

The stock has a fifty day simple moving average of €6.47 and a 200 day simple moving average of €6.45. The firm has a market cap of $110.56 million, a P/E ratio of -1.31, a price-to-earnings-growth ratio of 3.32 and a beta of 0.96.

About Grammer

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.