Salzgitter AG (ETR:SZG – Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €49.78 and traded as high as €54.00. Salzgitter shares last traded at €52.15, with a volume of 105,935 shares traded.
Salzgitter Stock Performance
The firm’s 50-day simple moving average is €54.68 and its two-hundred day simple moving average is €49.78. The company has a current ratio of 1.74, a quick ratio of 0.89 and a debt-to-equity ratio of 50.68. The stock has a market capitalization of $3.02 billion, a PE ratio of -15.70, a PEG ratio of -0.09 and a beta of 2.18.
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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