Grammer (ETR:GMM) Stock Price Down 0.6% – Here’s What Happened

Shares of Grammer AG (ETR:GMMGet Free Report) fell 0.6% during mid-day trading on Tuesday . The company traded as low as €8.35 and last traded at €8.40. 194 shares changed hands during trading, a decline of 99% from the average session volume of 18,134 shares. The stock had previously closed at €8.45.

Grammer Stock Performance

The company has a debt-to-equity ratio of 255.01, a current ratio of 1.12 and a quick ratio of 0.55. The firm has a fifty day simple moving average of €8.23 and a 200 day simple moving average of €7.17. The company has a market capitalization of $126.67 million, a price-to-earnings ratio of -1.51, a price-to-earnings-growth ratio of 3.32 and a beta of 0.94.

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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