Salzgitter AG (OTCMKTS:SZGPY - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.69 and traded as high as $1.79. Salzgitter shares last traded at $1.79, with a volume of 248 shares.
Salzgitter Price Performance
The firm's 50 day moving average is $1.68 and its two-hundred day moving average is $1.69.
Salzgitter (OTCMKTS:SZGPY - Get Free Report) last announced its earnings results on Monday, November 11th. The basic materials company reported ($0.37) EPS for the quarter. Salzgitter had a negative net margin of 1.92% and a negative return on equity of 4.08%. The company had revenue of $2.73 billion during the quarter. On average, analysts forecast that Salzgitter AG will post -0.68 EPS for the current year.
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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