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Argus downgraded Gentherm (NASDAQ:THRM) from Buy to Hold in a statement released earlier today.

Yesterday Gentherm (NASDAQ:THRM) traded 1.69% higher at $31.87. Gentherm’s 50-day average is $31.83 and its two hundred day average is $36.37. The last close is down -12.38% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 296,301 shares of THRM changing hands under the typical 428,031

Argus has downgraded Gentherm (NASDAQ:THRM) from Buy to Hold in a statement released on 09/23/2016.

See Chart Below

Gentherm (NASDAQ:THRM)

With a total market value of $0, Gentherm has price-earnings ratio of 13.45 with a 52 week low of $29.78 and a 52 week high of $51.71 .

About Gentherm (NASDAQ:THRM)

Gentherm Incorporated (Gentherm) is a global technology company, which is engaged in the design, development, and manufacturing of innovative thermal management technologies and automotive cable systems. The Company has two segments: Automotive and Industrial. The Automotive segment comprises Gentherm's three geographic operating segments: North America, Europe and Asia. The Industrial segment represents the combined results from its remote power generation systems business for industrial applications and its advanced research and product development division, which is researching and developing products for a range of different markets. Its products include Climate Control Seats (CCSs), Heated Seats, Battery Thermal Management (BTM) solutions, remote electric power generation systems, heated and cooled cup holder, thermal storage bin, Heated Steering Wheel, Heated Door and Armrest, and Heated and Cooled Mattress.

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