Salzgitter (OTCMKTS:SZGPY) Hits New 12-Month Low at $1.73

Salzgitter AG (OTCMKTS:SZGPY) shares hit a new 52-week low on Thursday . The stock traded as low as $1.73 and last traded at $1.75, with a volume of 3937 shares traded. The stock had previously closed at $1.77.

Salzgitter Stock Down 1.1 %

The stock’s 50 day moving average is $2.09 and its 200-day moving average is $2.45. The company has a market cap of $946.52 million, a PE ratio of 11.67 and a beta of 1.52.

Salzgitter (OTCMKTS:SZGPY) last announced its earnings results on Monday, May 13th. The basic materials company reported $0.03 earnings per share (EPS) for the quarter. The firm had revenue of $2.91 billion for the quarter. Salzgitter had a net margin of 0.71% and a return on equity of 1.51%. On average, analysts anticipate that Salzgitter AG will post 0.16 EPS for the current fiscal year.

Salzgitter Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, June 18th. Stockholders of record on Friday, May 31st were issued a $0.0317 dividend. The ex-dividend date of this dividend was Friday, May 31st. Salzgitter’s payout ratio is 20.00%.

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.