ElringKlinger (ETR:ZIL2) Trading Up 0.5% – Here’s What Happened

ElringKlinger AG (ETR:ZIL2) shares shot up 0.5% during trading on Wednesday . The company traded as high as €4.03 and last traded at €4.01. 29,940 shares were traded during mid-day trading, a decline of 81% from the average session volume of 156,628 shares. The stock had previously closed at €3.99.

ElringKlinger Price Performance

The company has a current ratio of 1.50, a quick ratio of 0.74 and a debt-to-equity ratio of 6.98. The company has a market cap of $259.69 million, a PE ratio of -24.65, a P/E/G ratio of 1.49 and a beta of 1.74. The firm has a 50 day moving average of €4.21 and a two-hundred day moving average of €4.43.

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.