Salzgitter AG (ETR:SZG – Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €44.29 and traded as high as €60.10. Salzgitter shares last traded at €58.75, with a volume of 242,481 shares.
Salzgitter Trading Up 3.0%
The firm has a 50 day simple moving average of €46.93 and a 200 day simple moving average of €44.52. The company has a debt-to-equity ratio of 50.68, a quick ratio of 0.89 and a current ratio of 1.74. The firm has a market cap of $3.35 billion, a P/E ratio of -17.40, a P/E/G ratio of -0.09 and a beta of 2.12.
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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