ElringKlinger (OTCMKTS:ELLRY) Trading 35.7% Higher – Should You Buy?

ElringKlinger AG (OTCMKTS:ELLRYGet Free Report) shot up 35.7% on Friday . The company traded as high as $2.85 and last traded at $2.85. 500 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 1,250 shares. The stock had previously closed at $2.10.

ElringKlinger Price Performance

The business’s fifty day moving average is $2.41 and its two-hundred day moving average is $2.29.

ElringKlinger Company Profile

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ElringKlinger AG develops, manufactures, and sells systems and components for the automotive industry in Germany, the Asia-Pacific, North America, rest of Europe, and internationally. It operates through four segments: Original Equipment, Aftermarket, Engineered Plastics, and Other. The Original Equipment segment is involved in the development, manufacture, and sale of products and assemblies, such as metal sealing systems and drive train components; thermoplastics for drivetrains, body, and underbody applications; hybrid technologies; thermal, acoustic, and aerodynamic shielding systems; cylinder-head and specialty gaskets; battery and fuel cell components and systems; electric drive units; and exhaust gas purification.

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