SGL Carbon (ETR:SGL) Trading Down 1% – Here’s Why

Shares of SGL Carbon SE (ETR:SGL) were down 1% on Wednesday . The company traded as low as €3.67 ($3.99) and last traded at €3.84 ($4.17). Approximately 262,256 shares were traded during trading, an increase of 6% from the average daily volume of 248,478 shares. The stock had previously closed at €3.88 ($4.22).

SGL Carbon Stock Down 4.7 %

The company has a debt-to-equity ratio of 44.05, a current ratio of 2.72 and a quick ratio of 1.28. The stock has a 50 day simple moving average of €3.98 and a 200-day simple moving average of €4.39. The firm has a market cap of $467.83 million, a PE ratio of 6.33, a PEG ratio of -0.38 and a beta of 1.36.

SGL Carbon Company Profile

SGL Carbon SE, together with its subsidiaries, engages in the manufacture and sale of special graphite, carbon fibers, and composite products in Germany, rest of Europe, the United States, China, rest of Asia, and internationally. The company operates in four segments: Graphite Solutions, Process Technology, Carbon Fibers, and Composite Solutions.