Salzgitter (ETR:SZG) Trading 0.7% Higher – Still a Buy?

Salzgitter AG (ETR:SZGGet Free Report) shares were up 0.7% on Monday . The stock traded as high as €17.98 ($18.93) and last traded at €17.59 ($18.52). Approximately 109,667 shares traded hands during trading, a decline of 60% from the average daily volume of 273,405 shares. The stock had previously closed at €17.46 ($18.38).

Salzgitter Stock Up 1.6 %

The stock has a fifty day moving average of €15.97 and a 200-day moving average of €17.01. The firm has a market capitalization of $966.59 million, a price-to-earnings ratio of 43.98, a PEG ratio of -0.09 and a beta of 2.01. The company has a current ratio of 1.73, a quick ratio of 0.89 and a debt-to-equity ratio of 23.89.

About Salzgitter

(Get Free Report)

Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through four segments: Steel Production, Steel Processing, Trading, and Technology. The Steel Production segment manufactures steel and special steels, such as hot-rolled wide strip, steel sheet, sections, tailored blanks, as well as scrap trading.

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