Salzgitter AG (ETR:SZG – Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €50.11 and traded as high as €52.20. Salzgitter shares last traded at €51.55, with a volume of 91,227 shares traded.
Salzgitter Trading Up 3.7%
The company has a debt-to-equity ratio of 50.68, a current ratio of 1.74 and a quick ratio of 0.89. The company has a market capitalization of $3.02 billion, a price-to-earnings ratio of -15.67, a price-to-earnings-growth ratio of -0.09 and a beta of 2.18. The business has a fifty day moving average price of €54.24 and a 200 day moving average price of €50.14.
About Salzgitter
Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through four segments: Steel Production, Steel Processing, Trading, and Technology. The Steel Production segment manufactures steel and special steels, such as hot-rolled wide strip, steel sheet, sections, tailored blanks, as well as scrap trading. The Steel Processing segment produces various high-grade heavy plates; and manufactures line pipes, HFI-welded tubes, and precision and stainless-steel tubes.
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