Free Trial

Salzgitter (OTCMKTS:SZGPY) Sets New 52-Week High - Still a Buy?

Salzgitter logo with Basic Materials background
Remove Ads

Shares of Salzgitter AG (OTCMKTS:SZGPY - Get Free Report) reached a new 52-week high on Thursday . The company traded as high as $2.74 and last traded at $2.67, with a volume of 12753 shares changing hands. The stock had previously closed at $2.51.

Salzgitter Price Performance

The stock's 50-day simple moving average is $1.82 and its two-hundred day simple moving average is $1.74. The firm has a market cap of $1.39 billion, a P/E ratio of -6.60 and a beta of 1.57.

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.

Read More

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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

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

Featured Articles and Offers

Recent Videos

3 Bank Stocks Defying Market Turmoil—Cheap Options Trades!
Time to Buy SoFi? Fintech’s Next Big Move
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads