Salzgitter AG (ETR:SZG – Get Free Report)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €48.41 and traded as low as €42.40. Salzgitter shares last traded at €42.40, with a volume of 117,637 shares traded.
Salzgitter Stock Up 6.7%
The business’s fifty day moving average price is €54.23 and its 200 day moving average price is €48.41. The company has a quick ratio of 0.89, a current ratio of 1.74 and a debt-to-equity ratio of 50.68. The firm has a market capitalization of $2.48 billion, a PE ratio of -12.91, a PEG ratio of -0.09 and a beta of 2.17.
About Salzgitter
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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