Salzgitter AG (ETR:SZG – Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €48.41 and traded as low as €42.40. Salzgitter shares last traded at €42.40, with a volume of 117,637 shares changing hands.
Salzgitter Price Performance
The company has a quick ratio of 0.89, a current ratio of 1.74 and a debt-to-equity ratio of 50.68. The stock has a market capitalization of $2.60 billion, a PE ratio of -13.50, a PEG ratio of -0.09 and a beta of 2.17. The company has a 50-day moving average of €54.09 and a 200 day moving average of €48.49.
About Salzgitter
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. The Steel Processing segment produces various high-grade heavy plates; and manufactures line pipes, HFI-welded tubes, and precision and stainless-steel tubes.
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