Salzgitter (OTCMKTS:SZGPY) Sees Large Volume Increase – Here’s What Happened

Posted by Teresa Graham on Jun 29th, 2026

Salzgitter AG (OTCMKTS:SZGPY – Get Free Report) saw unusually-strong trading volume on Monday . 4,632 shares traded hands during trading, an increase of 66% from the previous session’s volume of 2,788 shares.The stock last traded at $4.86 and had previously closed at $4.96.

Wall Street Analysts Forecast Growth

SZGPY has been the topic of a number of research analyst reports. Morgan Stanley raised shares of Salzgitter from an “underweight” rating to an “overweight” rating in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Salzgitter in a research note on Wednesday, May 13th. Finally, Citigroup restated a “neutral” rating on shares of Salzgitter in a research report on Wednesday, May 20th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Report on Salzgitter

Salzgitter Stock Down 0.2%

The stock has a market cap of $2.68 billion, a price-to-earnings ratio of 55.00 and a beta of 1.65. The company has a 50 day simple moving average of $6.25 and a 200 day simple moving average of $5.64.

Salzgitter (OTCMKTS:SZGPY – Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The basic materials company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.09. The company had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.53 billion. Salzgitter had a return on equity of 1.00% and a net margin of 0.49%.

Salzgitter Company Profile

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Salzgitter AG is a leading European steel producer headquartered in Salzgitter, Germany. The company operates an integrated steelworks, encompassing ironmaking, steelmaking, continuous casting and rolling mills. Its core business revolves around the production and processing of steel products for various industries, including automotive, construction, mechanical engineering and energy.

Founded in 1937 as part of Germany’s industrial expansion, Salzgitter evolved through post-war reconstruction and state ownership before being privatized in the late 1990s.