Varta AG (ETR:VAR1 – Get Free Report) shares shot up 13% during trading on Friday . The company traded as high as €1.69 ($1.76) and last traded at €1.55 ($1.61). 454,513 shares were traded during mid-day trading, The stock had previously closed at €1.37 ($1.43).
Varta Price Performance
The company has a debt-to-equity ratio of 36.37, a current ratio of 0.62 and a quick ratio of 0.39. The business’s 50-day moving average price is €1.27 and its two-hundred day moving average price is €1.93. The firm has a market cap of $59.61 million, a price-to-earnings ratio of -0.28 and a beta of 1.46.
Varta Company Profile
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.
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