SMA Solar Technology (ETR:S92) Stock Price Up 2.8% - Here's What Happened

Key Points

• SMA Solar Technology shares rose 2.8% on Monday, trading as high as €53.00 and last at €51.50 on volume of 171,755 shares, a 56% increase versus the average session volume.
• The company has a market capitalization of about $1.88 billion with a P/E of 23.48 and a high PEG of 13.06, and the stock is trading well above its 50‑day (€39.87) and 200‑day (€34.78) moving averages.
• SMA Solar develops and sells PV and battery inverters, transformers, monitoring systems and EV charging solutions across Home, Commercial & Industrial, and Large‑Scale project segments.

SMA Solar Technology AG (ETR:S92 - ) shot up 2.8% during trading on Monday . The stock traded as high as €53.00 and last traded at €51.50. 171,755 shares traded hands during mid-day trading, an increase of 56% from the average session volume of 110,058 shares. The stock had previously closed at €50.10.

SMA Solar Technology Price Performance

The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 38.31. The stock's 50-day simple moving average is €39.87 and its two-hundred day simple moving average is €34.78. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of 23.48, a PEG ratio of 13.06 and a beta of 1.22.

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. The company offers string and central solar inverters for various module types; battery inverters for high voltage batteries, on- and off- grid applications, commercial and industrial storage solutions, large scale storage solutions, and accessories; medium-voltage technology products; and DC-DC converters.

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