Grammer (ETR:GMM) Stock Price Up 4.4% – Time to Buy?

Grammer AG (ETR:GMMGet Free Report)’s share price was up 4.4% during mid-day trading on Thursday . The company traded as high as €7.05 ($7.66) and last traded at €7.05 ($7.66). 2,972 shares traded hands during trading, a decline of 84% from the average session volume of 18,134 shares. The stock had previously closed at €6.75 ($7.34).

Grammer Price Performance

The stock’s fifty day simple moving average is €6.25 and its 200-day simple moving average is €6.27. The firm has a market cap of $107.63 million, a PE ratio of -1.28, a PEG ratio of 3.32 and a beta of 0.96.

About Grammer

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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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