Grammer (ETR:GMM) Stock Price Down 4.1% - Should You Sell?

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.

Shares of Grammer AG (ETR:GMM - ) dropped 4.1% during mid-day trading on Friday . The company traded as low as €7.00 ($8.14) and last traded at €7.00 ($8.14). Approximately 597 shares changed hands 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 cap of $102.51 million, a price-to-earnings ratio of -1.22, a price-to-earnings-growth ratio of 3.32 and a beta of 0.96. The business has a 50-day simple moving average of €6.65 and a 200-day simple moving average of €6.71.

Grammer Company Profile

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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