Gerresheimer (ETR:GXI) Reaches New 52-Week Low – Should You Sell?

Gerresheimer AG (ETR:GXI)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as €73.85 ($78.56) and last traded at €75.20 ($80.00), with a volume of 125943 shares trading hands. The stock had previously closed at €74.15 ($78.88).

Gerresheimer Stock Performance

The company has a debt-to-equity ratio of 79.36, a quick ratio of 0.40 and a current ratio of 0.87. The firm’s 50 day simple moving average is €88.02 and its 200-day simple moving average is €95.72. The company has a market cap of $2.60 billion, a price-to-earnings ratio of 22.33, a PEG ratio of 0.82 and a beta of 0.94.

Gerresheimer Company Profile

Gerresheimer AG, together with its subsidiaries, manufactures and sells medicine packaging, drug delivery devices, and solutions in Germany and internationally. It operates through three divisions: Plastics & Devices, Primary Packaging Glass, and Advanced Technologies. The company offers prefillable syringes, plastic and glass packaging solutions, vials, glass cartridges and ampoules, bottles and containers, and glass bottles and jars, as well as caps, closures, applicators, and accessories; development, industrialization and contract manufacturing of drug delivery programs; project and quality management; and drug delivery systems, including inhalers, injection/auto injectors, pen injectors, infusion systems, and inhalation assessment, autoinjector, and other services.