Salzgitter (ETR:SZG) Shares Pass Above 200 Day Moving Average – What’s Next?

Salzgitter AG (ETR:SZGGet Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €17.67 ($18.60) and traded as high as €18.15 ($19.11). Salzgitter shares last traded at €17.83 ($18.77), with a volume of 125,150 shares.

Salzgitter Trading Up 0.4 %

The firm’s fifty day simple moving average is €15.19 and its 200 day simple moving average is €17.67. The stock has a market capitalization of $968.21 million, a P/E ratio of 44.75, a price-to-earnings-growth ratio of -0.09 and a beta of 2.01. The company has a debt-to-equity ratio of 23.89, a quick ratio of 0.89 and a current ratio of 1.73.

About Salzgitter

(Get Free Report)

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.

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