Aurubis (ETR:NDA) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Aurubis AG (ETR:NDAGet Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of €188.06 and traded as low as €182.70. Aurubis shares last traded at €188.70, with a volume of 131,652 shares trading hands.

Aurubis Stock Performance

The company has a debt-to-equity ratio of 9.09, a quick ratio of 0.71 and a current ratio of 2.14. The business’s fifty day moving average price is €187.07 and its 200-day moving average price is €177.33. The stock has a market cap of $8.06 billion, a PE ratio of 19.44, a P/E/G ratio of 1.25 and a beta of 1.34.

About Aurubis

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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.

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