ElringKlinger (ETR:ZIL2) Stock Price Breaks Above Fifty Day Moving Average – Here’s Why

ElringKlinger AG (ETR:ZIL2)’s share price passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of €5.16 and traded as high as €5.47. ElringKlinger shares last traded at €5.39, with a volume of 32,599 shares trading hands.

ElringKlinger Stock Performance

The company has a debt-to-equity ratio of 75.00, a current ratio of 1.37 and a quick ratio of 0.74. The stock has a market cap of $358.12 million, a P/E ratio of -33.99, a PEG ratio of 1.49 and a beta of 0.96. The stock has a 50-day simple moving average of €5.16 and a 200-day simple moving average of €5.08.

ElringKlinger Company Profile

ElringKlinger AG develops, manufactures, and sells systems and components for the automotive industry in Germany, the Asia-Pacific, North America, rest of Europe, and internationally. It operates through four segments: Original Equipment, Aftermarket, Engineered Plastics, and Other. The Original Equipment segment is involved in the development, manufacture, and sale of products and assemblies, such as metal sealing systems and drive train components; thermoplastics for drivetrains, body, and underbody applications; hybrid technologies; thermal, acoustic, and aerodynamic shielding systems; cylinder-head and specialty gaskets; battery and fuel cell components and systems; electric drive units; and exhaust gas purification.