SMA Solar Technology (ETR:S92) Stock Price Up 1.5% - Still a Buy?

Shares of SMA Solar Technology AG (ETR:S92 - Get Free Report) rose 1.5% during mid-day trading on Friday . The stock traded as high as €23.30 ($27.09) and last traded at €22.80 ($26.51). Approximately 274,139 shares changed hands during mid-day trading, an increase of 149% from the average daily volume of 110,058 shares. The stock had previously closed at €22.46 ($26.12).

SMA Solar Technology Trading Down 3.1%

The stock has a market cap of $805.69 million, a PE ratio of 10.07, a P/E/G ratio of 13.06 and a beta of 1.36. The company has a fifty day moving average of €20.15 and a 200-day moving average of €17.21.

About SMA Solar Technology

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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