SMA Solar Technology AG (S92.F) (ETR:S92)’s share price was down 0.3% during trading on Thursday . The company traded as low as €55.55 ($65.35) and last traded at €55.95 ($65.82). Approximately 69,729 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 110,058 shares. The stock had previously closed at €56.10 ($66.00).
A number of analysts have commented on S92 shares. Berenberg Bank set a €55.00 ($64.71) target price on SMA Solar Technology AG (S92.F) and gave the stock a “buy” rating in a report on Thursday, November 19th. Independent Research set a €49.00 ($57.65) price objective on SMA Solar Technology AG (S92.F) and gave the stock a “neutral” rating in a report on Monday, November 16th. Finally, Jefferies Financial Group set a €48.00 ($56.47) price objective on SMA Solar Technology AG (S92.F) and gave the company a “buy” rating in a research report on Thursday, November 12th.
The company has a market cap of $1.94 billion and a PE ratio of 174.30. The company has a debt-to-equity ratio of 8.45, a current ratio of 2.23 and a quick ratio of 1.17. The business has a 50-day moving average of €50.23 and a 200 day moving average of €38.05.
SMA Solar Technology AG, together with its subsidiaries, develops, produces, and sells solar and battery inverters, monitoring systems for photovoltaic (PV) systems, medium-voltage technology products, transformers, and chokes worldwide. The company offers string and central solar inverters for various module types, grid-connection and feeding into stand-alone grids, small house systems, and commercial systems; battery inverters for high-voltage batteries, on- and off-grid applications, commercial and industrial storage solutions, storage solutions, and accessories; and preconfigured system components.
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