SMA Solar Technology (ETR:S92) Stock Price Up 4.4% – Still a Buy?

SMA Solar Technology AG (ETR:S92 – Get Free Report) traded up 4.4% on Wednesday. The stock traded as high as €51.75 and last traded at €51.00. Approximately 104,187 shares traded hands during trading, a decline of 5% from the average session volume of 110,058 shares. The stock had previously closed at €48.84.

SMA Solar Technology Trading Up 4.4%

The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 23.25, a P/E/G ratio of 13.06 and a beta of 0.81. The firm’s 50-day moving average is €56.43 and its 200-day moving average is €50.76. The company has a current ratio of 1.39, a quick ratio of 1.01 and a debt-to-equity ratio of 21.34.

About SMA Solar Technology

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SMA Solar Technology AG, together with its subsidiaries, engages in development, production, and sale of PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. It operates through Home Solutions, Commercial and Industrial Solutions, and Large Scale and Project Solutions segments. The company offers string and central solar inverters for various module types; battery inverters for high voltage batteries, on- and off- grid applications, commercial and industrial storage solutions, large scale storage solutions, and accessories; medium-voltage technology products; and DC-DC converters.

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