Shares of Salzgitter AG (ETR:SZG – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €19.17 ($21.54) and traded as high as €21.78 ($24.47). Salzgitter shares last traded at €21.54 ($24.20), with a volume of 43,200 shares trading hands.
Salzgitter Trading Up 1.6 %
The company has a market capitalization of $1.20 billion, a P/E ratio of -6.24, a P/E/G ratio of -0.09 and a beta of 2.01. The company’s fifty day moving average is €23.33 and its 200 day moving average is €19.17.
About Salzgitter
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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