Aurubis (ETR:NDA) Stock Price Down 0.6% – Time to Sell?

Shares of Aurubis AG (ETR:NDA) dropped 0.6% on Thursday . The stock traded as low as €93.15 ($101.25) and last traded at €93.95 ($102.12). Approximately 131,350 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 324,299 shares. The stock had previously closed at €94.50 ($102.72).

Aurubis Stock Performance

The company has a quick ratio of 0.71, a current ratio of 2.15 and a debt-to-equity ratio of 8.41. The stock has a market capitalization of $3.95 billion, a P/E ratio of 9.52, a P/E/G ratio of 1.25 and a beta of 1.35. The business has a fifty day moving average price of €83.90 and a 200-day moving average price of €76.88.

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.