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Salzgitter (ETR:SZG) Stock Passes Above 200-Day Moving Average - Should You Sell?

Salzgitter logo with Basic Materials background

Salzgitter AG (ETR:SZG - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €20.00 ($22.99) and traded as high as €20.40 ($23.45). Salzgitter shares last traded at €19.90 ($22.87), with a volume of 63,288 shares traded.

Salzgitter Stock Performance

The stock has a market capitalization of $1.09 billion, a PE ratio of -5.68, a P/E/G ratio of -0.09 and a beta of 2.01. The company has a 50 day moving average of €21.76 and a two-hundred day moving average of €20.00.

Salzgitter Company Profile

(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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