Shares of ElringKlinger AG (ETR:ZIL2) traded up 1.7% on Thursday . The company traded as high as €6.06 ($7.05) and last traded at €6.01 ($6.99), 31,693 shares were traded during trading. A decline of 80% from the average session volume of 156,628 shares. The stock had previously closed at €5.91 ($6.87).
A number of research analysts have weighed in on the company. Kepler Capital Markets set a €4.10 ($4.77) target price on ElringKlinger and gave the company a “sell” rating in a report on Friday, June 28th. Deutsche Bank set a €5.50 ($6.40) target price on ElringKlinger and gave the company a “neutral” rating in a report on Wednesday, July 10th. Eight investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. The stock presently has a consensus rating of “Sell” and an average target price of €5.42 ($6.30).
The company has a debt-to-equity ratio of 89.02, a current ratio of 1.69 and a quick ratio of 0.74. The company has a market cap of $400.44 million and a PE ratio of -902.86. The company has a fifty day moving average price of €5.63 and a 200 day moving average price of €5.62.
About ElringKlinger (ETR:ZIL2)
ElringKlinger AG develops, manufactures, and distributes technical and chemical products for the automotive sector and the general manufacturing industry worldwide. It operates through five segments: Original Equipment, Aftermarket, Engineered Plastics, Services, and Industrial Parks. The Original Equipment segment develops, manufactures, and sells lightweight components, thermal and acoustic shielding systems, cylinder-head and specialty gaskets, battery and fuel cell systems, and electric drive units.
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