ElringKlinger (ETR:ZIL2) Trading 1.6% Higher - Here's Why

Key Points

• ElringKlinger AG shares increased by 1.6% to €4.68 ($5.50), despite a significant decline in trading volume of 92% compared to the average.
• The company has a market capitalization of $302.75 million and a debt-to-equity ratio of 6.98, indicating potential financial leveraging issues.
• ElringKlinger operates in multiple segments including Original Equipment and Aftermarket, focusing on systems and components for the automotive industry.

ElringKlinger AG (ETR:ZIL2 - ) shares traded up 1.6% during trading on Wednesday . The company traded as high as €4.70 ($5.52) and last traded at €4.68 ($5.50). 11,800 shares changed hands during trading, a decline of 92% from the average session volume of 156,628 shares. The stock had previously closed at €4.60 ($5.41).

ElringKlinger Price Performance

The company has a quick ratio of 0.74, a current ratio of 1.50 and a debt-to-equity ratio of 6.98. The company has a market capitalization of $302.75 million, a P/E ratio of -28.73, a P/E/G ratio of 1.49 and a beta of 1.74. The company's 50-day simple moving average is €4.56 and its 200 day simple moving average is €4.59.

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.

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