Salzgitter (OTCMKTS:SZGPY – Get Free Report) is expected to be announcing its earnings results on Friday, March 21st. Analysts expect the company to announce earnings of ($0.26) per share and revenue of $2.33 billion for the quarter.
Salzgitter Stock Performance
Shares of Salzgitter stock opened at $2.87 on Thursday. Salzgitter has a 1 year low of $1.40 and a 1 year high of $3.01. The company has a market capitalization of $1.55 billion, a P/E ratio of -7.35 and a beta of 1.57. The company’s fifty day moving average is $2.00 and its two-hundred day moving average is $1.80.
Wall Street Analysts Forecast Growth
Separately, DZ Bank raised shares of Salzgitter from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 6th.
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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