Shares of Salzgitter AG (ETR:SZG – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €32.58 and traded as high as €54.70. Salzgitter shares last traded at €54.00, with a volume of 477,554 shares trading hands.
Salzgitter Price Performance
The company has a 50-day moving average of €44.11 and a two-hundred day moving average of €32.58. The company has a market capitalization of $3.07 billion, a PE ratio of -15.96, a P/E/G ratio of -0.09 and a beta of 2.01.
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.
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