Varta (ETR:VAR1) Stock Price Down 0.4% – Here’s Why

Varta AG (ETR:VAR1Get Free Report) shares dropped 0.4% during mid-day trading on Friday . The company traded as low as €0.80 ($0.83) and last traded at €0.81 ($0.84). Approximately 100,462 shares traded hands during trading, The stock had previously closed at €0.82 ($0.84).

Varta Trading Down 0.4 %

The company has a market cap of $34.60 million, a price-to-earnings ratio of -0.11 and a beta of 1.46. The company has a quick ratio of 0.39, a current ratio of 1.00 and a debt-to-equity ratio of 130.05. The company’s fifty day moving average price is €1.51 and its two-hundred day moving average price is €2.17.

Varta Company Profile

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Varta AG, through its subsidiaries, engages in the research, development, production, and sale of micro and household batteries, large-format batteries, battery solutions, and energy storage systems in Europe, Asia, North America, and internationally. It operates in five segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Other.

Further Reading

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