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SGL Carbon (ETR:SGL) Stock Price Down 5.3% - Here's What Happened

SGL Carbon logo with Basic Materials background
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SGL Carbon SE (ETR:SGL - Get Free Report) shares fell 5.3% on Wednesday . The stock traded as low as €3.91 ($4.25) and last traded at €3.94 ($4.28). 262,822 shares changed hands during mid-day trading, an increase of 6% from the average session volume of 248,478 shares. The stock had previously closed at €4.16 ($4.52).

SGL Carbon Trading Down 2.3 %

The company has a quick ratio of 1.28, a current ratio of 2.72 and a debt-to-equity ratio of 44.05. The stock has a market capitalization of $543.92 million, a P/E ratio of 7.36, a P/E/G ratio of -0.38 and a beta of 1.36. The firm's 50 day simple moving average is €3.93 and its two-hundred day simple moving average is €4.52.

SGL Carbon Company Profile

(Get Free Report)

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.

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