ElringKlinger (ETR:ZIL2) Shares Up 2.6% – Time to Buy?

ElringKlinger AG (ETR:ZIL2) shares shot up 2.6% during mid-day trading on Wednesday . The stock traded as high as €5.10 and last traded at €4.95. 31,380 shares changed hands during trading, a decline of 80% from the average session volume of 156,628 shares. The stock had previously closed at €4.82.

ElringKlinger Trading Up 2.6%

The stock has a market capitalization of $320.24 million, a price-to-earnings ratio of -30.39, a price-to-earnings-growth ratio of 1.49 and a beta of 1.22. The company has a current ratio of 1.26, a quick ratio of 0.74 and a debt-to-equity ratio of 66.47. The company has a fifty day moving average of €4.37 and a two-hundred day moving average of €4.27.

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.