Grammer (ETR:GMM) Trading 0.9% Higher – Still a Buy?

Grammer AG (ETR:GMMGet Free Report)’s share price was up 0.9% on Wednesday . The stock traded as high as €5.85 ($6.09) and last traded at €5.70 ($5.94). Approximately 2,273 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 18,134 shares. The stock had previously closed at €5.65 ($5.89).

Grammer Stock Performance

The firm’s 50 day moving average price is €5.23 and its two-hundred day moving average price is €6.66. The company has a debt-to-equity ratio of 183.46, a quick ratio of 0.55 and a current ratio of 0.99. The firm has a market cap of $84.99 million, a PE ratio of -71.25, a PEG 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.

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