ElringKlinger (ETR:ZIL2) Stock Price Breaks Above Fifty Day Moving Average – Here’s Why

ElringKlinger AG (ETR:ZIL2 – Get Free Report)’s stock price passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of €5.16 and traded as high as €5.47. ElringKlinger shares last traded at €5.39, with a volume of 32,599 shares trading hands.

ElringKlinger Price Performance

The company has a debt-to-equity ratio of 75.00, a current ratio of 1.37 and a quick ratio of 0.74. The stock has a market cap of $358.12 million, a price-to-earnings ratio of -33.99, a price-to-earnings-growth ratio of 1.49 and a beta of 0.96. The business’s 50-day simple moving average is €5.16 and its two-hundred day simple moving average is €5.08.

ElringKlinger Company Profile

(Get Free Report)

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.

Further Reading

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