Free Trial

Salzgitter (ETR:SZG) Stock Price Passes Above 200-Day Moving Average - Time to Sell?

Salzgitter logo with Basic Materials background
Remove Ads

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 €16.14 ($16.81) and traded as high as €19.77 ($20.59). Salzgitter shares last traded at €18.89 ($19.68), with a volume of 91,464 shares trading hands.

Salzgitter Price Performance

The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of -5.68, a price-to-earnings-growth ratio of -0.09 and a beta of 2.01. The business has a fifty day moving average price of €17.17 and a two-hundred day moving average price of €16.22.

Salzgitter Company Profile

(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.

See Also

Should You Invest $1,000 in Salzgitter Right Now?

Before you consider Salzgitter, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Salzgitter wasn't on the list.

While Salzgitter currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Why Palantir’s Future Just Got a Massive Boost
Quantum Stocks Are Heating Up Again — 7 to Watch Now
Stock Market on Sale – Buy Now Before the Next Big Surge

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads