Salzgitter (ETR:SZG) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Salzgitter AG (ETR:SZGGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €17.08 ($18.57) and traded as high as €28.18 ($30.63). Salzgitter shares last traded at €26.40 ($28.70), with a volume of 138,556 shares changing hands.

Salzgitter Stock Down 1.0 %

The firm’s fifty day moving average is €19.51 and its two-hundred day moving average is €17.08. The firm has a market cap of $1.44 billion, a P/E ratio of -7.46, a PEG ratio of -0.09 and a beta of 2.01.

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.

Read More

Receive News & Ratings for Salzgitter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salzgitter and related companies with MarketBeat.com's FREE daily email newsletter.