Salzgitter AG (ETR:SZG – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €41.14 and traded as high as €48.04. Salzgitter shares last traded at €48.04, with a volume of 159,783 shares trading hands.
Salzgitter Trading Up 2.4%
The company has a 50 day moving average of €45.39 and a 200 day moving average of €41.20. The company has a debt-to-equity ratio of 50.19, a quick ratio of 0.89 and a current ratio of 2.17. The stock has a market capitalization of $2.64 billion, a price-to-earnings ratio of -13.70, a P/E/G ratio of -0.09 and a beta of 1.61.
Salzgitter Company Profile
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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