Gerresheimer (ETR:GXI) Hits New 12-Month Low – What’s Next?

Gerresheimer AG (ETR:GXI) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as €77.25 ($83.97) and last traded at €78.65 ($85.49), with a volume of 53893 shares. The stock had previously closed at €78.60 ($85.43).

Gerresheimer Stock Performance

The business has a 50-day moving average price of €91.46 and a 200-day moving average price of €97.01. The company has a quick ratio of 0.40, a current ratio of 0.87 and a debt-to-equity ratio of 79.36. The firm has a market capitalization of $2.72 billion, a price-to-earnings ratio of 23.67, a P/E/G ratio of 0.82 and a beta of 0.94.

About Gerresheimer

Gerresheimer AG, together with its subsidiaries, manufactures and sells medicine packaging, drug delivery devices, and solutions in Germany and internationally. It operates through three divisions: Plastics & Devices, Primary Packaging Glass, and Advanced Technologies. The company offers prefillable syringes, plastic and glass packaging solutions, vials, glass cartridges and ampoules, bottles and containers, and glass bottles and jars, as well as caps, closures, applicators, and accessories; development, industrialization and contract manufacturing of drug delivery programs; project and quality management; and drug delivery systems, including inhalers, injection/auto injectors, pen injectors, infusion systems, and inhalation assessment, autoinjector, and other services.