Salzgitter (OTCMKTS:SZGPY) Hits New 12-Month Low at $1.96

Salzgitter AG (OTCMKTS:SZGPY)’s stock price reached a new 52-week low during trading on Friday . The company traded as low as $1.96 and last traded at $1.96, with a volume of 4 shares traded. The stock had previously closed at $1.96.

Salzgitter Price Performance

The business’s 50-day simple moving average is $2.33 and its 200 day simple moving average is $2.59.

Salzgitter (OTCMKTS:SZGPY) last issued its quarterly earnings data on Monday, May 13th. The basic materials company reported $0.03 earnings per share (EPS) for the quarter. Salzgitter had a net margin of 0.71% and a return on equity of 1.51%. The firm had revenue of $2.91 billion during the quarter. On average, equities analysts expect that Salzgitter AG will post 0.22 earnings per share for the current year.

Salzgitter Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, June 18th. Shareholders of record on Friday, May 31st were paid a $0.0317 dividend. The ex-dividend date was Friday, May 31st. Salzgitter’s payout ratio is currently 20.00%.

Salzgitter Company Profile

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.