Salzgitter (ETR:SZG) Stock Passes Above 200 Day Moving Average – Time to Sell?

Salzgitter AG (ETR:SZGGet Free Report)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €16.14 ($16.64) and traded as high as €16.25 ($16.75). Salzgitter shares last traded at €15.52 ($16.00), with a volume of 115,303 shares changing hands.

Salzgitter Trading Up 0.3 %

The business’s 50 day moving average price is €16.81 and its 200-day moving average price is €16.10. The company has a market cap of $840.56 million, a price-to-earnings ratio of 38.85, a PEG ratio of -0.09 and a beta of 2.01. The company has a debt-to-equity ratio of 23.89, a quick ratio of 0.89 and a current ratio of 1.73.

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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