SGL Carbon (ETR:SGL) Trading Down 2.3% – Time to Sell?

Shares of SGL Carbon SE (ETR:SGL) fell 2.3% during mid-day trading on Friday . The stock traded as low as €4.42 and last traded at €4.42. 294,261 shares changed hands during mid-day trading, an increase of 18% from the average session volume of 248,478 shares. The stock had previously closed at €4.52.

SGL Carbon Stock Down 2.3%

The company has a current ratio of 2.77, a quick ratio of 1.28 and a debt-to-equity ratio of 55.88. The firm’s 50 day simple moving average is €3.81 and its 200-day simple moving average is €3.46. The stock has a market capitalization of $555.23 million, a price-to-earnings ratio of 7.51, a price-to-earnings-growth ratio of -0.38 and a beta of 1.06.

SGL Carbon Company Profile

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.