Salzgitter (ETR:SZG) Shares Pass Above 200 Day Moving Average – What’s Next?

Salzgitter AG (ETR:SZGGet Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €23.52 and traded as high as €29.00. Salzgitter shares last traded at €28.12, with a volume of 166,741 shares changing hands.

Salzgitter Trading Up 0.1%

The business has a fifty day moving average of €26.22 and a 200 day moving average of €23.52. The company has a market capitalization of $1.55 billion, a PE ratio of -8.03, a PEG ratio of -0.09 and a beta of 2.01.

About Salzgitter

(Get Free Report)

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.

Read More

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