Gerresheimer (ETR:GXI) Stock Price Down 0.3% - Here's Why

Gerresheimer AG (ETR:GXI - Get Free Report) shares fell 0.3% on Thursday . The company traded as low as €58.85 ($65.39) and last traded at €59.20 ($65.78). 97,465 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 140,925 shares. The stock had previously closed at €59.35 ($65.94).

Gerresheimer Trading Up 1.7%

The firm has a 50-day moving average price of €64.46 and a 200-day moving average price of €70.74. The company has a market capitalization of $2.12 billion, a price-to-earnings ratio of 18.59, a PEG ratio of 0.82 and a beta of 0.94. The company has a current ratio of 0.80, a quick ratio of 0.40 and a debt-to-equity ratio of 87.94.

Gerresheimer Company Profile

Gerresheimer AG, together with its subsidiaries, manufactures and sells medicine packaging, drug delivery devices, and solutions in Germany and internationally. It operates through three divisions: Plastics & Devices, Primary Packaging Glass, and Advanced Technologies. The company offers prefillable syringes, plastic and glass packaging solutions, vials, glass cartridges and ampoules, bottles and containers, and glass bottles and jars, as well as caps, closures, applicators, and accessories; development, industrialization and contract manufacturing of drug delivery programs; project and quality management; and drug delivery systems, including inhalers, injection/auto injectors, pen injectors, infusion systems, and inhalation assessment, autoinjector, and other services.