SGL Carbon (ETR:SGL) Reaches New 1-Year Low – What’s Next?

SGL Carbon SE (ETR:SGL) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as €4.95 ($5.38) and last traded at €4.70 ($5.11), with a volume of 211248 shares traded. The stock had previously closed at €4.97 ($5.40).

SGL Carbon Price Performance

The business’s 50 day moving average is €5.31 and its 200-day moving average is €6.20. The company has a quick ratio of 1.28, a current ratio of 2.87 and a debt-to-equity ratio of 42.79. The firm has a market capitalization of $572.83 million, a P/E ratio of 7.10, 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.