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

Salzgitter logo with Basic Materials background

Salzgitter AG (ETR:SZG - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €20.00 ($23.26) and traded as high as €20.40 ($23.72). Salzgitter shares last traded at €19.90 ($23.14), with a volume of 63,288 shares traded.

Salzgitter Stock Performance

The firm has a market cap of $1.06 billion, a price-to-earnings ratio of -5.53, a PEG ratio of -0.09 and a beta of 2.01. The business's 50-day moving average is €21.68 and its 200-day moving average is €20.08.

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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