SGL Carbon SE (OTCMKTS:SGLFF – Get Free Report) was up 1.3% on Monday . The stock traded as high as $4.66 and last traded at $4.66. 1,400 shares traded hands during trading, a decline of 17% from the average daily volume of 1,696 shares. The stock had previously closed at $4.60.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group reaffirmed a “hold” rating on shares of SGL Carbon in a research report on Wednesday, May 6th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.
Read Our Latest Report on SGLFF
SGL Carbon Trading Up 1.3%
About SGL Carbon
SGL Carbon SE is a German high?technology company specializing in carbon?based solutions, including graphite and composite materials. Headquartered in Wiesbaden, Germany, the firm was established in 1992 but draws on more than 150 years of carbon materials expertise. Its operations are organized into two principal segments: Graphite Solutions, which produces graphite electrodes, carbon blocks and other graphitic products for industries such as steel, aluminum and chemicals; and Composite Solutions, which focuses on fiber?reinforced composites, carbon fibers and specialty materials for high?performance applications.
The company’s product portfolio serves a broad range of end markets, including automotive, aerospace, renewable energy and electronics.
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