Gerresheimer (ETR:GXI) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Gerresheimer AG (ETR:GXI) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of €77.90 ($82.00) and traded as high as €78.75 ($82.89). Gerresheimer shares last traded at €78.55 ($82.68), with a volume of 101,676 shares trading hands.

Gerresheimer Trading Down 0.4 %

The firm has a market capitalization of $2.70 billion, a P/E ratio of 23.66, a price-to-earnings-growth ratio of 0.82 and a beta of 0.94. The business’s 50-day moving average is €77.90 and its 200 day moving average is €91.94. The company has a debt-to-equity ratio of 79.36, a current ratio of 0.87 and a quick ratio of 0.40.

About Gerresheimer

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.