Stabilus (ETR:STM) Stock Price Down 3% - Here's Why

Stabilus SE (ETR:STM - Get Free Report) was down 3% on Wednesday . The stock traded as low as €29.35 ($31.90) and last traded at €29.35 ($31.90). Approximately 54,822 shares were traded during trading, an increase of 50% from the average daily volume of 36,533 shares. The stock had previously closed at €30.25 ($32.88).

Stabilus Stock Down 10.3 %

The company has a quick ratio of 3.21, a current ratio of 1.97 and a debt-to-equity ratio of 126.33. The company has a market cap of $643.70 million, a price-to-earnings ratio of 9.16, a PEG ratio of 3.06 and a beta of 1.20. The business has a 50-day simple moving average of €30.26 and a two-hundred day simple moving average of €32.80.

About Stabilus

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.