Shares of Salzgitter AG (ETR:SZG - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €21.18 ($24.92) and traded as high as €23.78 ($27.98). Salzgitter shares last traded at €23.56 ($27.72), with a volume of 261,525 shares changing hands.
Salzgitter Stock Performance
The stock has a market capitalization of $1.36 billion, a P/E ratio of -7.06, a price-to-earnings-growth ratio of -0.09 and a beta of 2.01. The firm's fifty day simple moving average is €21.92 and its 200 day simple moving average is €21.31.
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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