Salzgitter AG (ETR:SZG – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €49.25 and traded as high as €56.00. Salzgitter shares last traded at €54.60, with a volume of 106,726 shares.
Salzgitter Stock Performance
The company’s fifty day moving average price is €54.59 and its 200 day moving average price is €49.28. The company has a market cap of $3.04 billion, a PE ratio of -15.79, a P/E/G ratio of -0.09 and a beta of 2.18. The company has a debt-to-equity ratio of 50.68, a current ratio of 1.74 and a quick ratio of 0.89.
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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