Varta (ETR:VAR1) Stock Price Up 3.6% – Here’s What Happened

Shares of Varta AG (ETR:VAR1Get Free Report) traded up 3.6% during trading on Thursday . The stock traded as high as €1.56 ($1.61) and last traded at €1.53 ($1.57). 115,344 shares traded hands during mid-day trading, The stock had previously closed at €1.47 ($1.52).

Varta Price Performance

The stock has a market cap of $63.83 million, a price-to-earnings ratio of -0.21 and a beta of 1.46. The stock’s 50 day moving average price is €1.87 and its two-hundred day moving average price is €3.01. The company has a quick ratio of 0.39, a current ratio of 1.00 and a debt-to-equity ratio of 130.05.

Varta Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Varta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Varta and related companies with MarketBeat.com's FREE daily email newsletter.