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Grammer (ETR:GMM) Trading Down 4.1% - Here's Why

Grammer logo with Consumer Cyclical background

Key Points

  • Grammer AG's stock price fell by 4.1% to €7.00 ($8.14) during mid-day trading, with very low trading volume of only 597 shares traded.
  • The company has a market capitalization of $102.51 million and reports a negative price-to-earnings ratio of -1.22.
  • Grammer AG specializes in automotive interior components, supplying products like headrests and center console systems to OEMs worldwide.
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Grammer AG (ETR:GMM - Get Free Report) was down 4.1% on Friday . The company traded as low as €7.00 ($8.14) and last traded at €7.00 ($8.14). Approximately 597 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 18,134 shares. The stock had previously closed at €7.30 ($8.49).

Grammer Stock Performance

The company has a market capitalization of $98.11 million, a price-to-earnings ratio of -1.17, a P/E/G ratio of 3.32 and a beta of 0.96. The stock's fifty day simple moving average is €6.63 and its two-hundred day simple moving average is €6.74.

About Grammer

(Get Free Report)

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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