Salzgitter AG (ETR:SZG – Get Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €51.17 and traded as high as €59.45. Salzgitter shares last traded at €55.70, with a volume of 178,100 shares changing hands.
Salzgitter Stock Down 0.4%
The company’s fifty day simple moving average is €53.81 and its 200 day simple moving average is €51.17. The company has a current ratio of 1.74, a quick ratio of 0.89 and a debt-to-equity ratio of 51.46. The firm has a market capitalization of $3.05 billion, a P/E ratio of -15.83, a price-to-earnings-growth ratio of -0.09 and a beta of 2.20.
Salzgitter Company Profile
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.
Further Reading
- Five stocks we like better than Salzgitter
- Copper’s Record Rally Highlights a Deeper Supply Problem
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
Receive News & Ratings for Salzgitter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salzgitter and related companies with MarketBeat.com's FREE daily email newsletter.
