ElringKlinger (ETR:ZIL2) Rating Upgrade

In a note revealed to clients today, DZ-Bank AG increased shares of Elringklinger (ETR:ZIL2) to “Buy” rating.

ETR:ZIL2 Price Chart & Trend

The stock price of ElringKlinger went down 6.33% over the last 200 days, and is in unsteady down trend. In the last 50 and 100 days, ElringKlinger is up 11.11% and up 16.13%, respectively. Our stocks momentum model is shown on the price chart below.

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

ElringKlinger (ETR:ZIL2) Profile

ElringKlinger AG is a Germany-based automotive supplier. The Company’s business is structured into five segments: Original Equipment; Aftermarket; Engineered Plastics; Services, and Industrial Parks. The Original Equipment segment develops, produces and sells parts and assemblies for vehicle engines, transmission units and exhaust systems, as well as battery and fuel cell components.

ElringKlinger (ETR:ZIL2) traded down -0.77% on 31 March, hitting EUR 23.9. A total of 226,586 shares of the company’s stock traded hands. This is up from average of 182,298 shares. ElringKlinger has a 52 week low of EUR 16.56 and a 52 week high of EUR 29.34. The company has a market cap of 1.51 billion EUR and a P/E ratio of 16.54.

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