ElringKlinger (ETR:ZIL2) Stock Price Up 0.4% - Time to Buy?

Key Points

• ElringKlinger AG's stock price increased by 0.4%, closing at €4.17 ($4.84) after reaching a high of €4.29 ($4.98) during trading.
• The company has a market capitalization of $269.72 million and displays a high debt-to-equity ratio of 6.98, indicating significant leverage.
• ElringKlinger operates in the automotive sector with key products including metal sealing systems and battery components across four segments: Original Equipment, Aftermarket, Engineered Plastics, and Other.

ElringKlinger AG (ETR:ZIL2 - ) rose 0.4% during trading on Wednesday . The company traded as high as €4.29 ($4.98) and last traded at €4.17 ($4.84). Approximately 36,492 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 156,628 shares. The stock had previously closed at €4.15 ($4.83).

ElringKlinger Price Performance

The business has a 50-day simple moving average of €4.56 and a 200 day simple moving average of €4.58. The stock has a market cap of $269.72 million, a P/E ratio of -25.60, a price-to-earnings-growth ratio of 1.49 and a beta of 1.74. The company has a current ratio of 1.50, a quick ratio of 0.74 and a debt-to-equity ratio of 6.98.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.