Salzgitter AG (ETR:SZG – Get Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of €50.65 and traded as high as €51.50. Salzgitter shares last traded at €51.10, with a volume of 146,035 shares changing hands.
Salzgitter Stock Performance
The stock has a market cap of $2.78 billion, a price-to-earnings ratio of -14.42, a PEG ratio of -0.09 and a beta of 2.20. The company’s 50 day simple moving average is €50.51 and its 200 day simple moving average is €50.66. The company has a debt-to-equity ratio of 51.46, a quick ratio of 0.89 and a current ratio of 1.74.
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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