Stabilus (ETR:STM) Shares Up 0.8% - What's Next?

Key Points

• Stabilus SE shares rose by 0.8% to close at €24.35 ($28.65), with a trading volume that increased by 59% from its average.
• The company's financial metrics include a market cap of $628.22 million, a P/E ratio of 8.94, and a debt-to-equity ratio of 126.33.
• Stabilus specializes in the manufacture of gas springs, dampers, and electric tailgate systems for various industries globally, including automotive and aerospace.

Shares of Stabilus SE (ETR:STM - ) shot up 0.8% on Wednesday . The stock traded as high as €24.65 ($29.00) and last traded at €24.35 ($28.65). 58,009 shares traded hands during trading, an increase of 59% from the average session volume of 36,533 shares. The stock had previously closed at €24.15 ($28.41).

Stabilus Stock Up 0.8%

The company has a current ratio of 1.97, a quick ratio of 3.21 and a debt-to-equity ratio of 126.33. The stock has a market cap of $628.22 million, a P/E ratio of 8.94, a PEG ratio of 3.06 and a beta of 1.20. The firm has a 50-day simple moving average of €24.64 and a two-hundred day simple moving average of €25.52.

Stabilus Company Profile

Stabilus SE, together with its subsidiaries, engages in the manufacture and sale of gas springs, dampers, vibration isolation products, and electric tailgate opening and closing equipment in Europe, the Middle East, Africa, North and South America, the Asia-Pacific, and internationally. Its products are used in automotive, navy and railways, commercial vehicles, aerospace, marine and rail, energy and construction, mechanical engineering, industrial machinery and automation, health, recreation, leisure, and furniture industries.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.