Grammer (ETR:GMM) Trading Down 4.3% - Should You Sell?

Key Points

• The stock price of Grammer AG (ETR:GMM) decreased by 4.3%, trading at €6.60 ($7.67) after reaching a previous close of €6.90 ($8.02).
• Trading volume was significantly lower, with only 1,901 shares changing hands, a 90% decline from the average session volume of 18,134 shares.
• Grammer AG specializes in the development and sale of automotive interior components, such as headrests and center console systems, to automotive OEMs and suppliers.

Grammer AG (ETR:GMM - )'s stock price traded down 4.3% during trading on Tuesday . The company traded as low as €6.60 ($7.67) and last traded at €6.60 ($7.67). 1,901 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 18,134 shares. The stock had previously closed at €6.90 ($8.02).

Grammer Stock Performance

The firm has a market cap of $96.65 million, a P/E ratio of -1.15, a P/E/G ratio of 3.32 and a beta of 0.96. The business's 50-day simple moving average is €6.59 and its 200 day simple moving average is €6.80.

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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