HELLA GmbH & Co. KGaA (ETR:HLE) Stock Price Down 2.6% - Here's Why

Key Points

• HELLA GmbH & Co. KGaA shares dropped by 2.6%, closing at €79.20 ($93.18), with a significant decrease in trading volume of 92% compared to its average.
• The company has a market capitalization of $8.88 billion and operates in three segments: Lighting, Electronics, and Lifecycle Solutions.
• Financial metrics reveal a P/E ratio of 86.71, illustrating the company's valuation relative to its earnings.

HELLA GmbH & Co. KGaA (ETR:HLE - Get Free Report)'s stock price was down 2.6% during trading on Wednesday . The company traded as low as €79.20 ($93.18) and last traded at €79.20 ($93.18). Approximately 13,284 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 158,303 shares. The stock had previously closed at €81.30 ($95.65).

HELLA GmbH & Co. KGaA Price Performance

The company has a debt-to-equity ratio of 44.05, a quick ratio of 1.15 and a current ratio of 1.40. The firm has a market cap of $9.34 billion, a PE ratio of 91.20, a PEG ratio of 0.63 and a beta of 1.09. The firm has a fifty day simple moving average of €85.45 and a two-hundred day simple moving average of €86.54.

About HELLA GmbH & Co. KGaA

HELLA GmbH & Co KGaA, together with its subsidiaries, develops, manufactures, and sells lighting systems and electronic components for automotive industry worldwide. It operates through three segments: Lighting, Electronics, and Lifecycle Solutions. The Lighting segment offers headlamps, rear combination lamps, and car body lighting including radomes, illuminated logos, and front phygital shields, as well as interior lighting products.