Shares of Salzgitter AG (ETR:SZG – Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €17.49 ($19.01) and traded as high as €24.40 ($26.52). Salzgitter shares last traded at €23.90 ($25.98), with a volume of 79,630 shares trading hands.
Salzgitter Trading Down 1.5 %
The business’s 50 day simple moving average is €20.65 and its 200 day simple moving average is €17.49. The firm has a market capitalization of $1.29 billion, a PE ratio of -6.71, a PEG ratio of -0.09 and a beta of 2.01.
Salzgitter Company Profile
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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