SGL Carbon (ETR:SGL) Stock Price Down 1.6% – What’s Next?

SGL Carbon SE (ETR:SGL) dropped 1.6% on Tuesday . The stock traded as low as €4.29 and last traded at €4.34. Approximately 65,708 shares traded hands during trading, a decline of 74% from the average daily volume of 248,478 shares. The stock had previously closed at €4.41.

SGL Carbon Trading Down 4.8%

The firm has a market cap of $494.87 million, a P/E ratio of 6.70, a P/E/G ratio of -0.38 and a beta of 1.32. The stock has a 50 day simple moving average of €4.70 and a 200-day simple moving average of €4.09. The company has a current ratio of 2.95, a quick ratio of 1.28 and a debt-to-equity ratio of 49.95.

SGL Carbon Company Profile

SGL Carbon SE, together with its subsidiaries, engages in the manufacture and sale of special graphite, carbon fibers, and composite products in Germany, rest of Europe, the United States, China, rest of Asia, and internationally. The company operates in four segments: Graphite Solutions, Process Technology, Carbon Fibers, and Composite Solutions. It offers products for automotive industries, including body and main parts; carbon-ceramic brake discs; body shell components; battery solutions; friction materials; chassis components; gas diffusion layers and bipolar plates; vanes and rotors; sealing materials; bearings and mechanical seals; commutator discs and carbon brushes; and temperature management materials, as well as other products.