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Grammer (ETR:GMM) Trading 5.2% Higher - Here's What Happened

Grammer logo with Consumer Cyclical background

Shares of Grammer AG (ETR:GMM - Get Free Report) rose 5.2% on Wednesday . The company traded as high as €6.10 ($6.35) and last traded at €6.10 ($6.35). Approximately 6,514 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 18,134 shares. The stock had previously closed at €5.80 ($6.04).

Grammer Price Performance

The firm has a market cap of $87.13 million, a PE ratio of -1.04, a PEG ratio of 3.32 and a beta of 0.96. The business has a 50-day moving average price of €5.49 and a two-hundred day moving average price of €6.38.

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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