SMA Solar Technology (ETR:S92) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

SMA Solar Technology AG (ETR:S92Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €15.74 ($16.92) and traded as low as €13.68 ($14.71). SMA Solar Technology shares last traded at €13.68 ($14.71), with a volume of 428,627 shares trading hands.

SMA Solar Technology Stock Performance

The firm’s 50-day moving average price is €14.64 and its 200 day moving average price is €15.74. The company has a market cap of $667.89 million, a price-to-earnings ratio of 8.35, a PEG ratio of 13.06 and a beta of 1.36.

SMA Solar Technology Company Profile

(Get Free Report)

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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