Gerresheimer (ETR:GXI) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Gerresheimer AG (ETR:GXI) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €81.17 ($87.28) and traded as low as €78.05 ($83.92). Gerresheimer shares last traded at €79.80 ($85.81), with a volume of 179,346 shares trading hands.

Gerresheimer Trading Up 1.1 %

The firm has a 50 day simple moving average of €72.42 and a 200 day simple moving average of €81.17. The company has a current ratio of 0.80, a quick ratio of 0.40 and a debt-to-equity ratio of 87.94. The firm has a market capitalization of $2.76 billion, a PE ratio of 24.17, a P/E/G ratio of 0.82 and a beta of 0.94.

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.