Salzgitter AG (ETR:SZG - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred 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.
Salzgitter Stock Down 5.2%
The firm has a market capitalization of $1.19 billion, a P/E ratio of -6.16, a price-to-earnings-growth ratio of -0.09 and a beta of 2.01. The company's 50 day moving average is €22.88 and its 200-day moving average is €19.73.
About Salzgitter
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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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