SGL Carbon (ETR:SGL) Stock Price Up 2% – Still a Buy?

SGL Carbon SE (ETR:SGL)’s stock price shot up 2% during trading on Wednesday . The company traded as high as €3.41 ($3.88) and last traded at €3.40 ($3.86). 163,671 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 248,478 shares. The stock had previously closed at €3.33 ($3.78).

SGL Carbon Stock Performance

The firm has a market capitalization of $414.38 million, a PE ratio of 5.61, a P/E/G ratio of -0.38 and a beta of 1.36. The company has a debt-to-equity ratio of 44.05, a current ratio of 2.72 and a quick ratio of 1.28. The business has a 50-day simple moving average of €3.80 and a 200-day simple moving average of €4.16.

About SGL Carbon

SGL Carbon SE, together with its subsidiaries, engages in the manufacture and sale of special graphite, carbon fibers, and composite products in Germany, rest of Europe, the United States, China, rest of Asia, and internationally. The company operates in four segments: Graphite Solutions, Process Technology, Carbon Fibers, and Composite Solutions.