Gerresheimer (ETR:GXI) Reaches New 1-Year Low – Here’s What Happened

Gerresheimer AG (ETR:GXI)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as €73.85 ($77.74) and last traded at €75.20 ($79.16), with a volume of 125943 shares changing hands. The stock had previously closed at €74.15 ($78.05).

Gerresheimer Stock Down 2.9 %

The company has a market cap of $2.52 billion, a PE ratio of 21.99, a PEG ratio of 0.82 and a beta of 0.94. The stock’s 50 day moving average price is €86.88 and its 200-day moving average price is €95.37. The company has a debt-to-equity ratio of 79.36, a quick ratio of 0.40 and a current ratio of 0.87.

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.