Südzucker (ETR:SZU) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of Südzucker AG (ETR:SZU) crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of €11.30 and traded as high as €11.44. Südzucker shares last traded at €11.44, with a volume of 113,070 shares trading hands.

Südzucker Stock Down 1.8%

The firm has a 50-day moving average price of €12.14 and a two-hundred day moving average price of €11.31. The company has a market capitalization of $2.30 billion, a P/E ratio of 26.74, a PEG ratio of 0.44 and a beta of 0.09. The company has a quick ratio of 1.00, a current ratio of 2.59 and a debt-to-equity ratio of 131.56.

Südzucker Company Profile

Südzucker AG produces and sells sugar products in Germany, rest of the European Union, the United Kingdom, the United States, and internationally. It operates through five segments: Sugar, Special Products, CropEnergies, Starch, and Fruit. The Sugar segment produces and sells sugar, sugar specialty products, glucose syrup, and animal feed to food industry, retailers, and agriculture markets, as well as offers by-products of sugar. The Special Products segment produces functional ingredients, including dietary fibers, sugar substitutes, sugar, rice starches, barley/rice flours, texturized wheat protein, and vegetable texturates for food, animal feed, non-food, and pharmaceutical industries.