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Salzgitter (ETR:SZG) Share Price Crosses Above 200-Day Moving Average - What's Next?

Salzgitter logo with Basic Materials background

Salzgitter AG (ETR:SZG - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €17.67 ($18.60) and traded as high as €18.15 ($19.11). Salzgitter shares last traded at €17.83 ($18.77), with a volume of 125,150 shares.

Salzgitter Trading Up 0.4 %

The company has a current ratio of 1.73, a quick ratio of 0.89 and a debt-to-equity ratio of 23.89. The company has a 50 day simple moving average of €15.19 and a 200 day simple moving average of €17.67. The stock has a market capitalization of $968.21 million, a PE ratio of 44.75, a P/E/G ratio of -0.09 and a beta of 2.01.

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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