ElringKlinger (ETR:ZIL2) Trading Down 2.4% – Here’s What Happened

ElringKlinger AG (ETR:ZIL2)’s stock price was down 2.4% during mid-day trading on Wednesday . The stock traded as low as €3.91 ($4.11) and last traded at €3.91 ($4.11). Approximately 23,502 shares changed hands during trading, a decline of 85% from the average daily volume of 156,628 shares. The stock had previously closed at €4.00 ($4.21).

ElringKlinger Stock Performance

The company has a market capitalization of $247.42 million, a PE ratio of 4.59, a PEG ratio of 1.49 and a beta of 1.74. The company has a quick ratio of 0.74, a current ratio of 1.41 and a debt-to-equity ratio of 50.39. The business has a 50 day simple moving average of €4.11 and a 200 day simple moving average of €4.72.

About ElringKlinger

ElringKlinger AG develops, manufactures, and sells systems and components for the automotive industry in Germany, the Asia-Pacific, North America, rest of Europe, and internationally. It operates through four segments: Original Equipment, Aftermarket, Engineered Plastics, and Other. The Original Equipment segment is involved in the development, manufacture, and sale of products and assemblies, such as metal sealing systems and drive train components; thermoplastics for drivetrains, body, and underbody applications; hybrid technologies; thermal, acoustic, and aerodynamic shielding systems; cylinder-head and specialty gaskets; battery and fuel cell components and systems; electric drive units; and exhaust gas purification.