Grammer (ETR:GMM) Shares Up 5.2% – Still a Buy?

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

Grammer Trading Up 5.2 %

The stock has a market capitalization of $89.33 million, a price-to-earnings ratio of -1.06, a price-to-earnings-growth ratio of 3.32 and a beta of 0.96. The company has a fifty day moving average of €5.45 and a two-hundred day moving average of €6.40.

About Grammer

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.