Shares of Salzgitter AG (ETR:SZG - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €20.26 ($23.84) and traded as low as €20.18 ($23.74). Salzgitter shares last traded at €20.80 ($24.47), with a volume of 104,473 shares.
Salzgitter Stock Performance
The stock has a market capitalization of $1.15 billion, a price-to-earnings ratio of -5.95, a price-to-earnings-growth ratio of -0.09 and a beta of 2.01. The business's 50 day simple moving average is €21.00 and its 200-day simple moving average is €20.33.
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.
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