Salzgitter (OTCMKTS:SZGPY – Get Free Report) is anticipated to release its earnings data 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 Trading Up 3.8 %
Shares of SZGPY opened at $2.99 on Wednesday. Salzgitter has a 1-year low of $1.40 and a 1-year high of $3.01. The business’s 50-day moving average price is $1.97 and its 200 day moving average price is $1.79. The stock has a market capitalization of $1.62 billion, a P/E ratio of -7.67 and a beta of 1.57.
Analyst Upgrades and Downgrades
Separately, DZ Bank upgraded Salzgitter from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 6th.
About Salzgitter
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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