SGL Carbon (OTCMKTS:SGLFF) Trading 1.9% Higher

Shares of SGL Carbon SE (OTCMKTS:SGLFF – Get Rating) traded up 1.9% on Friday . The company traded as high as $7.45 and last traded at $7.45. 1,078 shares traded hands during mid-day trading, an increase of 25% from the average session volume of 861 shares. The stock had previously closed at $7.31.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft increased their target price on SGL Carbon from €7.40 ($7.63) to €7.80 ($8.04) in a research note on Thursday, June 9th.

SGL Carbon Price Performance

The business has a 50 day simple moving average of $6.79 and a two-hundred day simple moving average of $6.40.

SGL Carbon Company Profile

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SGL Carbon SE, together with its subsidiaries, engages in the manufacture and sale of carbon fiber and specialty graphite products in Germany, rest of Europe, the United States, China, Asia, Latin America, Africa, and Australia. The company operates in Graphite Solutions; Process Technology; Caron Fibers; and Composite Solutions segment.