Salzgitter AG (ETR:SZG - Get Free Report) shot up 0.7% during trading on Monday . The stock traded as high as €17.98 ($18.93) and last traded at €17.59 ($18.52). 109,667 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 273,405 shares. The stock had previously closed at €17.46 ($18.38).
Salzgitter Price Performance
The company has a 50 day moving average price of €16.00 and a 200 day moving average price of €16.97. The company has a market capitalization of $966.59 million, a price-to-earnings ratio of 44.68, a PEG 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.
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.
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