Stabilus (ETR:STM) Shares Up 1.3% - Here's Why

Shares of Stabilus SE (ETR:STM - Get Free Report) shot up 1.3% during trading on Wednesday . The stock traded as high as €26.55 ($30.52) and last traded at €26.30 ($30.23). 29,265 shares were traded during mid-day trading, a decline of 20% from the average session volume of 36,533 shares. The stock had previously closed at €25.95 ($29.83).

Stabilus Stock Up 1.3%

The company has a market cap of $678.53 million, a PE ratio of 9.65, a P/E/G ratio of 3.06 and a beta of 1.20. The company's 50 day moving average is €24.63 and its 200 day moving average is €27.89. The company has a current ratio of 1.97, a quick ratio of 3.21 and a debt-to-equity ratio of 126.33.

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.

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