Salzgitter (SZGPY) Projected to Post Earnings on Friday

Salzgitter (OTCMKTS:SZGPY) will likely be posting its quarterly earnings results on Friday, March 21st. Analysts expect Salzgitter to post earnings of ($0.26) per share and revenue of $2.33 billion for the quarter.

Salzgitter Price Performance

Salzgitter stock opened at $2.99 on Wednesday. The company has a market cap of $1.62 billion, a PE ratio of -7.67 and a beta of 1.57. The company has a fifty day moving average price of $1.97 and a two-hundred day moving average price of $1.79. Salzgitter has a 12 month low of $1.40 and a 12 month high of $3.01.

Wall Street Analysts Forecast Growth

Separately, DZ Bank upgraded shares of Salzgitter from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 6th.

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.