Salzgitter (OTCMKTS:SZGPY - Get Free Report) is expected to release its earnings data on Friday, March 21st. Analysts expect Salzgitter to post earnings of ($0.26) per share and revenue of $2.33 billion for the quarter.
Salzgitter Price Performance
OTCMKTS SZGPY traded up $0.25 on Monday, reaching $2.86. The stock had a trading volume of 1,385 shares, compared to its average volume of 4,631. The firm has a fifty day moving average of $1.92 and a two-hundred day moving average of $1.78. The company has a market cap of $1.55 billion, a P/E ratio of -7.33 and a beta of 1.57. Salzgitter has a 1-year low of $1.40 and a 1-year high of $2.86.
Wall Street Analyst Weigh In
Separately, DZ Bank upgraded shares of Salzgitter from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 6th.
Get Our Latest Stock Report on Salzgitter
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.
Further Reading
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
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
