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Salzgitter (ETR:SZG) Hits New 12-Month Low - What's Next?

Salzgitter logo with Basic Materials background

Shares of Salzgitter AG (ETR:SZG - Get Free Report) reached a new 52-week low on Tuesday . The stock traded as low as €13.46 ($14.63) and last traded at €13.22 ($14.37), with a volume of 146017 shares traded. The stock had previously closed at €13.46 ($14.63).

Salzgitter Price Performance

The business has a 50-day moving average of €15.20 and a 200 day moving average of €18.93. The firm has a market capitalization of $715.07 million, a P/E ratio of 33.65, a price-to-earnings-growth 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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