SGL Carbon (ETR:SGL) Stock Price Down 2.3% - Here's What Happened

Shares of SGL Carbon SE (ETR:SGL - Get Free Report) fell 2.3% during mid-day trading on Wednesday . The company traded as low as €3.76 ($3.95) and last traded at €3.81 ($4.01). 157,698 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 248,478 shares. The stock had previously closed at €3.90 ($4.10).

SGL Carbon Price Performance

The firm has a market capitalization of $489.84 million, a P/E ratio of 6.63, a price-to-earnings-growth ratio of -0.38 and a beta of 1.36. The company has a debt-to-equity ratio of 44.05, a quick ratio of 1.28 and a current ratio of 2.72. The business has a fifty day moving average of €3.91 and a 200-day moving average of €4.73.

About SGL Carbon

SGL Carbon SE, together with its subsidiaries, engages in the manufacture and sale of special graphite, carbon fibers, and composite products in Germany, rest of Europe, the United States, China, rest of Asia, and internationally. The company operates in four segments: Graphite Solutions, Process Technology, Carbon Fibers, and Composite Solutions.