Aurubis (ETR:NDA) Shares Up 2.2% – Here’s Why

Aurubis AG (ETR:NDA) rose 2.2% during trading on Thursday . The company traded as high as €157.10 and last traded at €155.80. Approximately 98,445 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 324,299 shares. The stock had previously closed at €152.50.

Aurubis Stock Performance

The firm has a 50-day simple moving average of €161.92 and a two-hundred day simple moving average of €130.39. The company has a current ratio of 2.11, a quick ratio of 0.71 and a debt-to-equity ratio of 10.62. The company has a market capitalization of $6.54 billion, a price-to-earnings ratio of 15.77, a price-to-earnings-growth ratio of 1.25 and a beta of 1.23.

Aurubis Company Profile

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.