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Salzgitter (ETR:SZG) Stock Price Passes Above 200 Day Moving Average - What's Next?

Salzgitter logo with Basic Materials background

Salzgitter AG (ETR:SZG - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €19.54 ($22.20) and traded as high as €21.18 ($24.07). Salzgitter shares last traded at €20.76 ($23.59), with a volume of 43,759 shares traded.

Salzgitter Stock Down 5.2%

The firm has a 50 day moving average price of €22.88 and a 200 day moving average price of €19.71. The stock has a market cap of $1.19 billion, a P/E ratio of -6.16, a P/E/G ratio of -0.09 and a beta of 2.01.

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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