Salzgitter AG (ETR:SZG - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €17.89 ($20.33) and traded as high as €22.72 ($25.82). Salzgitter shares last traded at €21.98 ($24.98), with a volume of 270,856 shares changing hands.
Salzgitter Stock Performance
The stock has a market capitalization of $1.32 billion, a P/E ratio of -6.85, a PEG ratio of -0.09 and a beta of 2.01. The company's fifty day simple moving average is €22.14 and its two-hundred day simple moving average is €18.18.
Salzgitter Company Profile
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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.
Further Reading
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