Varta AG (ETR:VAR1 – Get Free Report) dropped 5.9% during trading on Thursday . The company traded as low as €1.50 ($1.56) and last traded at €1.52 ($1.58). Approximately 241,259 shares were traded during mid-day trading, The stock had previously closed at €1.62 ($1.68).
Varta Price Performance
The business’s fifty day moving average price is €2.36 and its 200 day moving average price is €3.84. The company has a quick ratio of 0.39, a current ratio of 1.00 and a debt-to-equity ratio of 130.05. The firm has a market capitalization of $64.86 million, a PE ratio of -0.21 and a beta of 1.46.
Varta Company Profile
Varta AG, through its subsidiaries, engages in the research, development, production, and sale of micro and household batteries, large-format batteries, battery solutions, and energy storage systems in Europe, Asia, North America, and internationally. It operates in five segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Other.
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