Gerresheimer (ETR:GXI) Shares Down 0.7% – What’s Next?

Gerresheimer AG (ETR:GXI)’s share price dropped 0.7% on Wednesday . The company traded as low as €79.00 ($82.29) and last traded at €80.95 ($84.32). Approximately 166,777 shares changed hands during trading, an increase of 18% from the average daily volume of 140,925 shares. The stock had previously closed at €81.50 ($84.90).

Gerresheimer Stock Down 0.7 %

The firm has a market cap of $2.77 billion, a price-to-earnings ratio of 24.25, a PEG ratio of 0.82 and a beta of 0.94. The company has a quick ratio of 0.40, a current ratio of 0.80 and a debt-to-equity ratio of 87.94. The firm has a fifty day moving average price of €71.08 and a 200-day moving average price of €82.18.

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.