Grammer (ETR:GMM) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Grammer AG (ETR:GMMGet Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €6.30 ($6.77) and traded as high as €6.60 ($7.10). Grammer shares last traded at €6.60 ($7.10), with a volume of 1,199 shares.

Grammer Stock Performance

The stock’s 50 day moving average price is €5.66 and its 200-day moving average price is €6.30. The company has a market cap of $97.38 million, a PE ratio of -1.16, a PEG ratio of 3.32 and a beta of 0.96.

About Grammer

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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.

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