Gerresheimer (ETR:GXI) Trading 1.7% Higher – Time to Buy?

Gerresheimer AG (ETR:GXI)’s share price was up 1.7% during trading on Wednesday . The stock traded as high as €67.80 ($70.63) and last traded at €67.80 ($70.63). Approximately 142,949 shares traded hands during trading, an increase of 1% from the average daily volume of 140,925 shares. The stock had previously closed at €66.65 ($69.43).

Gerresheimer Price Performance

The company has a 50 day moving average of €71.16 and a 200 day moving average of €84.90. The firm has a market cap of $2.34 billion, a price-to-earnings ratio of 20.42, a P/E/G ratio of 0.82 and a beta of 0.94. The company has a current ratio of 0.87, a quick ratio of 0.40 and a debt-to-equity ratio of 79.36.

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.