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SMA Solar Technology (ETR:S92) Trading 1.5% Higher - Here's Why

SMA Solar Technology logo with Computer and Technology background

SMA Solar Technology AG (ETR:S92 - Get Free Report)'s share price rose 1.5% on Friday . The company traded as high as €23.30 ($27.09) and last traded at €22.80 ($26.51). Approximately 274,139 shares were traded 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 Price Performance

The firm has a market cap of $788.92 million, a P/E ratio of 9.86, a P/E/G ratio of 13.06 and a beta of 1.36. The business's 50-day moving average is €20.15 and its two-hundred day moving average is €17.25.

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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