Aurubis (ETR:NDA) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Shares of Aurubis AG (ETR:NDAGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of €85.06 ($93.47) and traded as low as €81.85 ($89.95). Aurubis shares last traded at €83.25 ($91.48), with a volume of 129,512 shares changing hands.

Aurubis Price Performance

The company has a market capitalization of $3.44 billion, a price-to-earnings ratio of 8.30, a P/E/G ratio of 1.25 and a beta of 1.35. The stock has a fifty day simple moving average of €85.06 and a 200-day simple moving average of €77.64. The company has a debt-to-equity ratio of 8.41, a current ratio of 2.15 and a quick ratio of 0.71.

About Aurubis

(Get Free Report)

Aurubis AG processes metal concentrates and recycling materials in Germany. The company processes scrap metals, organic and inorganic metalbearing recycling raw materials, and industrial residues. It also offers wire rods and specialty wires, shapes, bars and profiles, industrial rolled products, and architectural rolled products.

See Also

Receive News & Ratings for Aurubis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aurubis and related companies with MarketBeat.com's FREE daily email newsletter.