ElringKlinger (ETR:ZIL2) Trading 2.9% Higher – Should You Buy?

Shares of ElringKlinger AG (ETR:ZIL2) shot up 2.9% during mid-day trading on Thursday . The company traded as high as €4.05 ($4.45) and last traded at €4.04 ($4.43). 32,907 shares changed hands during trading, a decline of 79% from the average session volume of 156,628 shares. The stock had previously closed at €3.92 ($4.31).

ElringKlinger Stock Up 0.5 %

The stock’s fifty day simple moving average is €4.26 and its 200-day simple moving average is €5.27. The stock has a market capitalization of $253.76 million, a PE ratio of 4.71, a P/E/G ratio of 1.49 and a beta of 1.74. The company has a current ratio of 1.41, a quick ratio of 0.74 and a debt-to-equity ratio of 50.39.

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.