ElringKlinger AG (ETR:ZIL2 – Get Rating)’s stock price traded down 0.3% during trading on Thursday . The company traded as low as €7.12 ($7.27) and last traded at €7.25 ($7.40). 19,777 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 156,628 shares. The stock had previously closed at €7.28 ($7.42).
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the stock. Warburg Research set a €12.00 ($12.24) price target on shares of ElringKlinger in a research report on Thursday, November 3rd. JPMorgan Chase & Co. set a €8.50 ($8.67) price objective on shares of ElringKlinger in a research note on Thursday, November 3rd.
ElringKlinger Price Performance
The company has a debt-to-equity ratio of 61.03, a quick ratio of 0.74 and a current ratio of 1.62. The company’s 50 day moving average price is €6.87 and its 200 day moving average price is €7.31. The company has a market cap of $459.36 million and a price-to-earnings ratio of 20.71.
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.
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