SGL Carbon (ETR:SGL) Stock Passes Below Fifty Day Moving Average – Here’s Why

SGL Carbon SE (ETR:SGL) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of €4.35 and traded as low as €4.26. SGL Carbon shares last traded at €4.32, with a volume of 74,300 shares trading hands.

SGL Carbon Trading Down 2.2%

The company has a current ratio of 2.81, a quick ratio of 1.28 and a debt-to-equity ratio of 48.87. The company has a market cap of $530.71 million, a PE ratio of 7.18, a P/E/G ratio of -0.38 and a beta of 1.30. The business’s 50-day simple moving average is €4.35 and its 200-day simple moving average is €4.22.

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.