Shares of SMA Solar Technology AG (ETR:S92 – Get Free Report) shot up 1.4% during mid-day trading on Thursday . The company traded as high as €16.89 ($18.98) and last traded at €16.56 ($18.61). 85,908 shares traded hands during trading, a decline of 22% from the average session volume of 110,058 shares. The stock had previously closed at €16.33 ($18.35).
SMA Solar Technology Trading Up 4.2 %
The firm has a 50-day moving average of €16.70 and a two-hundred day moving average of €15.17. The firm has a market cap of $628.88 million, a price-to-earnings ratio of 7.86, a PEG ratio of 13.06 and a beta of 1.36.
SMA Solar Technology Company Profile
SMA Solar Technology AG, together with its subsidiaries, engages in development, production, and sale of PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. It operates through Home Solutions, Commercial and Industrial Solutions, and Large Scale and Project Solutions segments.
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