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Varta (ETR:VAR1) Stock Price Up 13% - What's Next?

Varta logo with Industrials background
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Varta AG (ETR:VAR1 - Get Free Report)'s stock price rose 13% on Friday . The stock traded as high as €1.69 ($1.77) and last traded at €1.55 ($1.63). Approximately 454,513 shares were traded during trading, The stock had previously closed at €1.37 ($1.44).

Varta Stock Up 3.2 %

The firm's 50 day moving average price is €1.27 and its 200-day moving average price is €1.92. The company has a current ratio of 0.62, a quick ratio of 0.39 and a debt-to-equity ratio of 36.37. The company has a market cap of $61.52 million, a P/E ratio of -0.29 and a beta of 1.46.

Varta Company Profile

(Get Free Report)

Varta AG, through its subsidiaries, engages in the research, development, production, and sale of micro and household batteries, large-format batteries, battery solutions, and energy storage systems in Europe, Asia, North America, and internationally. It operates in five segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Other.

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