Salzgitter AG (ETR:SZG - Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €20.44 ($24.05) and traded as high as €22.42 ($26.38). Salzgitter shares last traded at €22.42 ($26.38), with a volume of 181,598 shares changing hands.
Salzgitter Stock Performance
The stock has a market cap of $1.53 billion, a P/E ratio of -7.97, a P/E/G ratio of -0.09 and a beta of 2.01. The stock's fifty day simple moving average is €21.23 and its 200-day simple moving average is €20.57.
Salzgitter Company Profile
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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.
Further Reading
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