Salzgitter AG (OTCMKTS:SZGPY - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.75 and traded as high as $2.47. Salzgitter shares last traded at $2.47, with a volume of 704 shares traded.
Wall Street Analysts Forecast Growth
Separately, DZ Bank raised Salzgitter from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 6th.
Check Out Our Latest Analysis on Salzgitter
Salzgitter Trading Up 9.5 %
The stock has a 50 day simple moving average of $1.90 and a 200 day simple moving average of $1.77. The firm has a market capitalization of $1.55 billion, a PE ratio of -7.33 and a beta of 1.57.
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.
Further Reading
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