SGL Carbon (ETR:SGL) Stock Passes Below Fifty Day Moving Average – Time to Sell?

SGL Carbon SE (ETR:SGLGet Free Report)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of €4.26 and traded as low as €4.05. SGL Carbon shares last traded at €4.05, with a volume of 247,587 shares traded.

SGL Carbon Stock Performance

The firm’s 50 day moving average price is €4.26 and its 200-day moving average price is €4.22. The company has a debt-to-equity ratio of 48.87, a quick ratio of 1.28 and a current ratio of 2.81. The firm has a market capitalization of $521.28 million, a PE ratio of 7.05, a price-to-earnings-growth ratio of -0.38 and a beta of 1.30.

About SGL Carbon

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SGL Carbon SE, together with its subsidiaries, engages in the manufacture and sale of special graphite, carbon fibers, and composite products in Germany, rest of Europe, the United States, China, rest of Asia, and internationally. The company operates in four segments: Graphite Solutions, Process Technology, Carbon Fibers, and Composite Solutions. It offers products for automotive industries, including body and main parts; carbon-ceramic brake discs; body shell components; battery solutions; friction materials; chassis components; gas diffusion layers and bipolar plates; vanes and rotors; sealing materials; bearings and mechanical seals; commutator discs and carbon brushes; and temperature management materials, as well as other products.

Further Reading

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