Gerresheimer (ETR:GXI) Shares Up 0.9% – Should You Buy?

Gerresheimer AG (ETR:GXI) traded up 0.9% during mid-day trading on Wednesday . The company traded as high as €25.26 and last traded at €24.56. 217,338 shares traded hands during mid-day trading, an increase of 54% from the average session volume of 140,925 shares. The stock had previously closed at €24.34.

Gerresheimer Price Performance

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 stock has a market cap of $840.86 million, a PE ratio of 7.36, a P/E/G ratio of 0.82 and a beta of 0.94. The company has a fifty day moving average of €32.15 and a 200-day moving average of €43.46.

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.