SGL Carbon (ETR:SGL) Stock Price Down 2.5% - Here's What Happened

Key Points

• SGL Carbon SE experienced a stock price decline of 2.5%, closing at €3.15 ($3.71) after trading as low as €3.14 ($3.69).
• During the trading session, approximate 179,677 shares were traded, marking a 28% decrease in volume compared to its daily average of 248,478 shares.
• The company's market capitalization stands at $396.15 million, with a PE ratio of 5.36 and a debt-to-equity ratio of 44.05.

SGL Carbon SE (ETR:SGL - ) dropped 2.5% during trading on Wednesday . The company traded as low as €3.14 ($3.69) and last traded at €3.15 ($3.71). Approximately 179,677 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 248,478 shares. The stock had previously closed at €3.23 ($3.80).

SGL Carbon Stock Down 2.5%

The company has a quick ratio of 1.28, a current ratio of 2.72 and a debt-to-equity ratio of 44.05. The firm's fifty day simple moving average is €3.38 and its 200-day simple moving average is €3.52. The company has a market cap of $396.15 million, a PE ratio of 5.36, a P/E/G ratio of -0.38 and a beta of 1.36.

About SGL Carbon

SGL Carbon SE, together with its subsidiaries, engages in the manufacture and sale of special graphite, carbon fibers, and composite products in Germany, rest of Europe, the United States, China, rest of Asia, and internationally. The company operates in four segments: Graphite Solutions, Process Technology, Carbon Fibers, and Composite Solutions.

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