Aurubis (ETR:NDA) Stock Price Down 1.3% - Here's Why

Key Points

• Aurubis AG shares declined by 1.3% to €94.50 ($109.88) during mid-day trading, marking a significant drop from their previous close of €95.70 ($111.28).
• Trading volume was down 81%, with only 62,671 shares exchanged compared to an average of 324,299 shares.
• The company has a strong financial profile, with a debt-to-equity ratio of 8.41 and a market capitalization of $4.25 billion.

Aurubis AG (ETR:NDA - Get Free Report)'s stock price fell 1.3% during mid-day trading on Tuesday . The stock traded as low as €93.30 ($109.76) and last traded at €94.50 ($111.18). 62,671 shares were traded during trading, a decline of 81% from the average session volume of 324,299 shares. The stock had previously closed at €95.70 ($112.59).

Aurubis Stock Up 0.8%

The company has a fifty day simple moving average of €88.60 and a 200-day simple moving average of €83.84. The company has a quick ratio of 0.71, a current ratio of 2.15 and a debt-to-equity ratio of 8.41. The firm has a market cap of $4.29 billion, a P/E ratio of 10.33, a price-to-earnings-growth ratio of 1.25 and a beta of 1.35.

Aurubis Company Profile

Aurubis AG processes metal concentrates and recycling materials in Germany. The company processes scrap metals, organic and inorganic metalbearing recycling raw materials, and industrial residues. It also offers wire rods and specialty wires, shapes, bars and profiles, industrial rolled products, and architectural rolled products.