Grammer (ETR:GMM) Shares Up 3.2% - Here's Why

Key Points

• Grammer AG shares rose by 3.2%, trading at €6.40 ($7.53) on Tuesday, following a previous close of €6.20 ($7.29).
• Approximately 893 shares were traded, marking a significant decline of 95% from the average daily volume.
• The company has a market cap of $93.72 million and specializes in developing and producing automotive interior components.

Shares of Grammer AG (ETR:GMM - ) were up 3.2% during trading on Tuesday . The stock traded as high as €6.40 ($7.53) and last traded at €6.40 ($7.53). Approximately 893 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 18,134 shares. The stock had previously closed at €6.20 ($7.29).

Grammer Trading Up 3.2%

The firm has a market cap of $93.72 million, a PE ratio of -1.11, a PEG ratio of 3.32 and a beta of 0.96. The firm's 50 day simple moving average is €6.60 and its 200 day simple moving average is €6.84.

About Grammer

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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