Salzgitter (ETR:SZG) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Salzgitter AG (ETR:SZGGet Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €20.26 ($23.84) and traded as low as €20.18 ($23.74). Salzgitter shares last traded at €20.80 ($24.47), with a volume of 104,473 shares traded.

Salzgitter Stock Down 1.5%

The firm has a market cap of $1.12 billion, a price-to-earnings ratio of -5.84, a price-to-earnings-growth ratio of -0.09 and a beta of 2.01. The business has a 50 day moving average price of €21.07 and a 200-day moving average price of €20.26.

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.

Recommended Stories

Receive News & Ratings for Salzgitter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salzgitter and related companies with MarketBeat.com's FREE daily email newsletter.