Salzgitter AG (OTCMKTS:SZGPY – Get Free Report) shot up 5% during trading on Friday . The stock traded as high as $2.51 and last traded at $2.51. 1,123 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 2,219 shares. The stock had previously closed at $2.39.
Salzgitter Stock Up 5.2 %
The company has a 50 day moving average of $2.57 and a 200 day moving average of $2.73.
Salzgitter (OTCMKTS:SZGPY – Get Free Report) last posted its quarterly earnings data on Friday, March 15th. The basic materials company reported $0.02 EPS for the quarter. Salzgitter had a return on equity of 4.03% and a net margin of 1.85%. The firm had revenue of $2.57 billion during the quarter. Equities analysts predict that Salzgitter AG will post 0.41 earnings per share for the current year.
About Salzgitter
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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