Salzgitter AG (OTCMKTS:SZGPY - Get Free Report) was the target of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 7,900 shares, a drop of 35.2% from the January 31st total of 12,200 shares. Based on an average daily volume of 7,400 shares, the days-to-cover ratio is currently 1.1 days.
Salzgitter Price Performance
SZGPY traded up $0.35 during trading on Wednesday, hitting $2.51. The stock had a trading volume of 18,911 shares, compared to its average volume of 4,636. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of -6.44 and a beta of 1.57. The company has a 50 day moving average price of $1.76 and a 200-day moving average price of $1.72. Salzgitter has a one year low of $1.40 and a one year high of $2.70.
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.
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