Shares of Salzgitter AG (ETR:SZG – Get Free Report) passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of €51.24 and traded as high as €53.85. Salzgitter shares last traded at €51.50, with a volume of 234,727 shares trading hands.
Salzgitter Price Performance
The stock’s fifty day moving average price is €53.82 and its 200-day moving average price is €51.27. The firm has a market cap of $2.79 billion, a PE ratio of -14.51, a price-to-earnings-growth ratio of -0.09 and a beta of 2.20. The company has a debt-to-equity ratio of 51.46, a current ratio of 1.74 and a quick ratio of 0.89.
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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