Aurubis (ETR:NDA) Stock Crosses Below 50-Day Moving Average – What’s Next?

Aurubis AG (ETR:NDA)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of €183.61 and traded as low as €172.50. Aurubis shares last traded at €176.10, with a volume of 99,206 shares traded.

Aurubis Stock Down 4.7%

The company has a debt-to-equity ratio of 12.50, a quick ratio of 0.71 and a current ratio of 2.15. The firm has a fifty day moving average price of €183.61 and a 200 day moving average price of €178.20. The firm has a market capitalization of $7.47 billion, a price-to-earnings ratio of 18.00, a PEG ratio of 1.25 and a beta of 1.34.

Aurubis Company Profile

Aurubis AG processes metal concentrates and recycling materials in Germany. The company processes scrap metals, organic and inorganic metalbearing recycling raw materials, and industrial residues. It also offers wire rods and specialty wires, shapes, bars and profiles, industrial rolled products, and architectural rolled products. In addition, the company produces gold, silver, tin, lead, lead-bismuth alloy, lead-antimony litharge, tellurium metals, and tellurium dioxide. Further, the company engages in the recycling of copper, copper scrap, alloy scrap and other recycling materials, precious metals, and other non-ferrous metals.