Stabilus (ETR:STM) Trading Down 2.3% - Here's Why

Key Points

• Stabilus SE shares dropped 2.3% on Wednesday, trading as low as €25.50 before closing at €25.70, marking a decline from the previous close of €26.30.
• The company has a market capitalization of $663.05 million and presents a price-to-earnings ratio of 9.43.
• Stabilus SE specializes in manufacturing and selling gas springs, dampers, and other products for various industries, including automotive, aerospace, and construction.

Stabilus SE (ETR:STM - Get Free Report)'s share price fell 2.3% on Wednesday . The stock traded as low as €25.50 ($29.65) and last traded at €25.70 ($29.88). 43,044 shares traded hands during mid-day trading, an increase of 18% from the average session volume of 36,533 shares. The stock had previously closed at €26.30 ($30.58).

Stabilus Stock Down 2.8%

The firm has a market capitalization of $633.38 million, a price-to-earnings ratio of 9.01, a P/E/G ratio of 3.06 and a beta of 1.20. The company has a debt-to-equity ratio of 126.33, a current ratio of 1.97 and a quick ratio of 3.21. The stock has a fifty day moving average of €26.10 and a two-hundred day moving average of €26.86.

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.