Salzgitter AG (ETR:SZG - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €18.31 ($20.87) and traded as high as €23.98 ($27.33). Salzgitter shares last traded at €23.82 ($27.15), with a volume of 113,692 shares traded.
Salzgitter Price Performance
The stock's 50-day simple moving average is €22.57 and its two-hundred day simple moving average is €18.42. The firm has a market cap of $1.19 billion, a P/E ratio of -6.21, a PEG 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.
Featured Stories
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
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.