Shares of Gerresheimer AG (OTCMKTS:GRRMF) fell 4.3% on Thursday . The company traded as low as $106.90 and last traded at $106.90. 109 shares traded hands during trading, a decline of 85% from the average session volume of 732 shares. The stock had previously closed at $111.68.
Separately, DZ Bank reaffirmed a “sell” rating on shares of Gerresheimer in a report on Monday, October 19th.
The stock has a fifty day moving average price of $113.74 and a two-hundred day moving average price of $106.84.
Gerresheimer AG, together with its subsidiaries, manufactures and sells specialty glass and plastic products primarily for the pharma and healthcare industry worldwide. It operates through three divisions; Plastics & Devices, Primary Packaging Glass, and Advanced Technologies. The Plastics & Devices division offers drug delivery systems, including inhalers, pen systems, and injection systems; sterile and non-sterile prefillable syringe systems for the pharmaceutical and biotech industries; and disposables for various analysis systems that are used in laboratories and medical practices, quick tests for patients in medical practices or hospitals, skin-prick aids and lancets for diabetics, disposables and components for dialysis machines, and catheters and surgical devices.
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