SGL Carbon (ETR:SGL) Trading Down 0.2% - Here's Why

Key Points

• SGL Carbon SE's stock decreased by 0.2%, trading as low as €3.15 ($3.66) and closing at €3.21 ($3.73) on Wednesday.
• The company reported a significant drop in trading volume, with 111,633 shares traded, a 55% decline from its average session volume of 248,478 shares.
• SGL Carbon operates in four segments and has a market capitalization of $403.69 million with a price-to-earnings ratio of 5.46.

SGL Carbon SE (ETR:SGL - ) fell 0.2% on Wednesday . The stock traded as low as €3.15 ($3.66) and last traded at €3.21 ($3.73). 111,633 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 248,478 shares. The stock had previously closed at €3.22 ($3.74).

SGL Carbon Trading Down 0.2%

The company has a 50 day moving average of €3.29 and a 200 day moving average of €3.46. The company has a debt-to-equity ratio of 44.05, a quick ratio of 1.28 and a current ratio of 2.72. The stock has a market capitalization of $403.69 million, a price-to-earnings ratio of 5.46, 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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