Salzgitter (ETR:SZG) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Salzgitter AG (ETR:SZGGet Free Report)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €16.14 ($16.64) and traded as high as €16.25 ($16.75). Salzgitter shares last traded at €15.52 ($16.00), with a volume of 115,303 shares changing hands.

Salzgitter Trading Down 0.2 %

The firm has a market capitalization of $837.85 million, a PE ratio of 38.73, a PEG ratio of -0.09 and a beta of 2.01. The company has a debt-to-equity ratio of 23.89, a current ratio of 1.73 and a quick ratio of 0.89. The firm’s fifty day moving average is €16.75 and its two-hundred day moving average is €16.14.

About Salzgitter

(Get Free Report)

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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