Salzgitter (OTCMKTS:SZGPY) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Salzgitter AG (OTCMKTS:SZGPYGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.75 and traded as high as $2.47. Salzgitter shares last traded at $2.47, with a volume of 704 shares trading hands.

Salzgitter Stock Down 4.1 %

The stock has a market capitalization of $1.34 billion, a PE ratio of -6.33 and a beta of 1.57. The stock has a fifty day moving average of $1.84 and a 200-day moving average of $1.75.

Salzgitter Company Profile

(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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