Salzgitter AG (ETR:SZG – Get Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €50.69 and traded as high as €53.40. Salzgitter shares last traded at €53.30, with a volume of 91,101 shares traded.
Salzgitter Stock Performance
The company has a debt-to-equity ratio of 51.46, a current ratio of 1.74 and a quick ratio of 0.89. The company has a 50 day simple moving average of €51.63 and a 200-day simple moving average of €50.75. The stock has a market capitalization of $3.21 billion, a P/E ratio of -16.66, a price-to-earnings-growth 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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