Shares of Salzgitter AG (OTCMKTS:SZGPY – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $2.86 and last traded at $2.86, with a volume of 1385 shares changing hands. The stock had previously closed at $2.61.
Wall Street Analysts Forecast Growth
Separately, DZ Bank upgraded shares of Salzgitter from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 6th.
Check Out Our Latest Stock Analysis on Salzgitter
Salzgitter Trading Up 9.5 %
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.
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