Salzgitter AG (ETR:SZG – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €19.54 ($21.96) and traded as high as €21.18 ($23.80). Salzgitter shares last traded at €20.76 ($23.33), with a volume of 43,759 shares trading hands.
Salzgitter Stock Up 10.3%
The company has a 50 day simple moving average of €23.05 and a 200-day simple moving average of €19.54. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of -6.53, a price-to-earnings-growth 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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