SMA Solar Technology (ETR:S92) Trading Down 5.2% - What's Next?

Key Points

• SMA Solar Technology AG's stock price fell by 5.2% on Monday, reaching a low of €19.16 ($22.28) from a previous close of €20.24 ($23.53).
• The company has a market capitalization of $703.25 million and a P/E ratio of 8.79, indicating its valuation relative to its earnings.
• SMA Solar Technology engages in the development and sale of photovoltaic and battery inverters, alongside charging solutions for electric vehicles, operating through multiple business segments.

SMA Solar Technology AG (ETR:S92 - ) fell 5.2% on Monday . The stock traded as low as €19.16 ($22.28) and last traded at €19.18 ($22.30). 151,404 shares were traded during mid-day trading, an increase of 38% from the average session volume of 110,058 shares. The stock had previously closed at €20.24 ($23.53).

SMA Solar Technology Stock Up 0.6%

The firm has a market cap of $703.25 million, a PE ratio of 8.79, a P/E/G ratio of 13.06 and a beta of 1.36. The firm has a 50-day moving average price of €20.51 and a two-hundred day moving average price of €17.92.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.