SGL Carbon (ETR:SGL) Trading Down 2.7% - Here's What Happened

SGL Carbon SE (ETR:SGL - Get Free Report)'s share price dropped 2.7% during trading on Wednesday . The stock traded as low as €3.55 ($4.07) and last traded at €3.56 ($4.09). Approximately 95,346 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 248,478 shares. The stock had previously closed at €3.66 ($4.21).

SGL Carbon Trading Down 2.7%

The company has a 50 day moving average price of €3.58 and a 200 day moving average price of €3.80. The firm has a market cap of $447.71 million, a price-to-earnings ratio of 6.06, a price-to-earnings-growth ratio of -0.38 and a beta of 1.36. The company has a debt-to-equity ratio of 44.05, a quick ratio of 1.28 and a current ratio of 2.72.

SGL Carbon Company Profile

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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