Salzgitter (ETR:SZG) Stock Price Up 0.7% – Here’s What Happened

Salzgitter AG (ETR:SZGGet Free Report) shares traded up 0.7% during trading on Monday . The company traded as high as €17.98 ($18.93) and last traded at €17.59 ($18.52). 109,667 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 273,405 shares. The stock had previously closed at €17.46 ($18.38).

Salzgitter Price Performance

The stock has a market capitalization of $944.95 million, a price-to-earnings ratio of 44.68, a P/E/G ratio of -0.09 and a beta of 2.01. The company has a quick ratio of 0.89, a current ratio of 1.73 and a debt-to-equity ratio of 23.89. The stock has a fifty day moving average of €16.00 and a 200-day moving average of €16.97.

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.

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