SMA Solar Technology (ETR:S92) Trading Down 0.7% – Here’s Why

SMA Solar Technology AG (ETR:S92)’s share price fell 0.7% during trading on Tuesday . The stock traded as low as €48.88 and last traded at €49.16. 103,345 shares were traded during trading, a decline of 6% from the average session volume of 110,058 shares. The stock had previously closed at €49.50.

SMA Solar Technology Price Performance

The company has a debt-to-equity ratio of 25.73, a quick ratio of 1.01 and a current ratio of 1.35. The stock has a market capitalization of $1.79 billion, a P/E ratio of 22.41, a price-to-earnings-growth ratio of 13.06 and a beta of 0.76. The firm has a 50-day moving average price of €56.35 and a 200 day moving average price of €42.67.

SMA Solar Technology Company Profile

SMA Solar Technology AG, together with its subsidiaries, engages in development, production, and sale of PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. It operates through Home Solutions, Commercial and Industrial Solutions, and Large Scale and Project Solutions segments. The company offers string and central solar inverters for various module types; battery inverters for high voltage batteries, on- and off- grid applications, commercial and industrial storage solutions, large scale storage solutions, and accessories; medium-voltage technology products; and DC-DC converters.