ElringKlinger (ETR:ZIL2) Trading Down 9.7% – Time to Sell?

ElringKlinger AG (ETR:ZIL2) dropped 9.7% during mid-day trading on Tuesday . The company traded as low as €5.16 and last traded at €5.22. Approximately 109,351 shares were traded during trading, a decline of 30% from the average daily volume of 156,628 shares. The stock had previously closed at €5.78.

ElringKlinger Trading Down 9.7%

The company has a quick ratio of 0.74, a current ratio of 1.31 and a debt-to-equity ratio of 83.15. The stock’s 50 day moving average price is €5.72 and its 200-day moving average price is €4.81. The stock has a market capitalization of $338.05 million, a P/E ratio of -32.08, a P/E/G ratio of 1.49 and a beta of 0.95.

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.