Gerresheimer (ETR:GXI) Trading Down 3.1% – Should You Sell?

Gerresheimer AG (ETR:GXI) shares were down 3.1% on Tuesday . The stock traded as low as €19.27 and last traded at €19.27. Approximately 309,048 shares changed hands during mid-day trading, an increase of 119% from the average daily volume of 140,925 shares. The stock had previously closed at €19.89.

Gerresheimer Trading Down 3.1%

The company’s 50 day simple moving average is €26.06 and its 200-day simple moving average is €31.65. The firm has a market cap of $659.74 million, a P/E ratio of 5.77, a P/E/G ratio of 0.82 and a beta of 0.94. The company has a quick ratio of 0.40, a current ratio of 0.80 and a debt-to-equity ratio of 87.94.

Gerresheimer Company Profile

Gerresheimer AG, together with its subsidiaries, manufactures and sells medicine packaging, drug delivery devices, and solutions in Germany and internationally. It operates through three divisions: Plastics & Devices, Primary Packaging Glass, and Advanced Technologies. The company offers prefillable syringes, plastic and glass packaging solutions, vials, glass cartridges and ampoules, bottles and containers, and glass bottles and jars, as well as caps, closures, applicators, and accessories; development, industrialization and contract manufacturing of drug delivery programs; project and quality management; and drug delivery systems, including inhalers, injection/auto injectors, pen injectors, infusion systems, and inhalation assessment, autoinjector, and other services.