Aurubis (ETR:NDA) Stock Crosses Below Fifty Day Moving Average – What’s Next?

Aurubis AG (ETR:NDA)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of €179.90 and traded as low as €168.30. Aurubis shares last traded at €172.20, with a volume of 104,779 shares trading hands.

Aurubis Stock Up 3.9%

The firm has a market capitalization of $7.97 billion, a price-to-earnings ratio of 19.20, a P/E/G ratio of 1.25 and a beta of 1.35. The company has a current ratio of 2.15, a quick ratio of 0.71 and a debt-to-equity ratio of 12.50. The firm has a fifty day moving average price of €179.90 and a 200 day moving average price of €178.55.

About Aurubis

Aurubis AG processes metal concentrates and recycling materials in Germany. The company processes scrap metals, organic and inorganic metalbearing recycling raw materials, and industrial residues. It also offers wire rods and specialty wires, shapes, bars and profiles, industrial rolled products, and architectural rolled products. In addition, the company produces gold, silver, tin, lead, lead-bismuth alloy, lead-antimony litharge, tellurium metals, and tellurium dioxide. Further, the company engages in the recycling of copper, copper scrap, alloy scrap and other recycling materials, precious metals, and other non-ferrous metals.