Salzgitter AG (ETR:SZG – Get Free Report)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €18.31 ($20.57) and traded as high as €23.98 ($26.94). Salzgitter shares last traded at €23.82 ($26.76), with a volume of 113,692 shares changing hands.
Salzgitter Stock Performance
The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of -6.37, a price-to-earnings-growth ratio of -0.09 and a beta of 2.01. The firm’s 50-day moving average price is €22.39 and its two-hundred day moving average price is €18.31.
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.
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