Salzgitter AG (ETR:SZG – Get Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €16.02 ($16.69) and traded as high as €16.32 ($17.00). Salzgitter shares last traded at €16.23 ($16.91), with a volume of 44,457 shares traded.
Salzgitter Trading Up 2.6 %
The firm has a market capitalization of $882.21 million, a P/E ratio of 40.78, a P/E/G ratio of -0.09 and a beta of 2.01. The company has a current ratio of 1.73, a quick ratio of 0.89 and a debt-to-equity ratio of 23.89. The stock has a 50 day simple moving average of €16.55 and a 200-day simple moving average of €16.02.
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.
Further Reading
- Five stocks we like better than Salzgitter
- What Are Dividend Achievers? An Introduction
- SAP’s Strong Momentum: A Bullish Setup for Investors
- What Are the FAANG Stocks and Are They Good Investments?
- BlackRock Breaks Records: Why the Stock Still Has Room to Run
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Duke vs. NRG: Which Energy Stock Will Power Higher Gains?
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.