Salzgitter AG (OTCMKTS:SZGPY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $2.86 and last traded at $2.86, with a volume of 1385 shares trading hands. The stock had previously closed at $2.61.
Wall Street Analysts Forecast Growth
Separately, DZ Bank upgraded Salzgitter from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 6th.
Read Our Latest Research Report on SZGPY
Salzgitter Price Performance
The company has a market capitalization of $1.56 billion, a P/E ratio of -7.39 and a beta of 1.57. The company has a fifty day moving average price of $1.95 and a two-hundred day moving average price of $1.78.
About Salzgitter
(
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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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