SGL Carbon SE (OTCMKTS:SGLFF – Get Free Report) shares rose 1.6% on Thursday . The stock traded as high as $4.9795 and last traded at $4.9795. 600 shares changed hands during trading, a decline of 56% from the average daily volume of 1,351 shares. The stock had previously closed at $4.90.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of SGL Carbon in a research note on Friday, August 7th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.
Get Our Latest Analysis on SGLFF
SGL Carbon Stock Up 1.6%
SGL Carbon Company Profile
SGL Carbon SE is a German high‐technology company specializing in carbon‐based solutions, including graphite and composite materials. Headquartered in Wiesbaden, Germany, the firm was established in 1992 but draws on more than 150 years of carbon materials expertise. Its operations are organized into two principal segments: Graphite Solutions, which produces graphite electrodes, carbon blocks and other graphitic products for industries such as steel, aluminum and chemicals; and Composite Solutions, which focuses on fiber‐reinforced composites, carbon fibers and specialty materials for high‐performance applications.
The company’s product portfolio serves a broad range of end markets, including automotive, aerospace, renewable energy and electronics.
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