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SMA Solar Technology (ETR:S92) Stock Price Up 14.9% - Here's What Happened

SMA Solar Technology logo with Computer and Technology background

Key Points

  • SMA Solar Technology AG shares increased by 14.9%, reaching a last trade price of €20.92 ($24.90) after closing at €18.21 ($21.68).
  • Trading volume surged to 370,272 shares, marking a 236% increase from the average volume of 110,058 shares.
  • The company has a market cap of $762.67 million and operates in sectors including PV and battery inverters and charging solutions for electric vehicles.
  • Five stocks we like better than SMA Solar Technology.

SMA Solar Technology AG (ETR:S92 - Get Free Report)'s stock price rose 14.9% during trading on Tuesday . The stock traded as high as €21.12 ($24.85) and last traded at €20.92 ($24.61). Approximately 370,272 shares changed hands during trading, an increase of 236% from the average daily volume of 110,058 shares. The stock had previously closed at €18.21 ($21.42).

SMA Solar Technology Stock Performance

The company has a market cap of $785.28 million, a price-to-earnings ratio of 9.82, a PEG ratio of 13.06 and a beta of 1.36. The business's 50 day moving average price is €20.87 and its 200-day moving average price is €19.30.

About SMA Solar Technology

(Get Free Report)

SMA Solar Technology AG, together with its subsidiaries, engages in development, production, and sale of PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. It operates through Home Solutions, Commercial and Industrial Solutions, and Large Scale and Project Solutions segments.

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