Varta AG (ETR:VAR1 – Get Free Report) shot up 0.4% on Tuesday . The company traded as high as €1.54 ($1.71) and last traded at €1.50 ($1.67). 86,339 shares traded hands during mid-day trading, The stock had previously closed at €1.49 ($1.66).
Varta Trading Up 0.4 %
The firm has a 50 day moving average of €2.05 and a 200-day moving average of €7.81. The company has a quick ratio of 0.39, a current ratio of 1.00 and a debt-to-equity ratio of 130.05. The firm has a market capitalization of $63.96 million, a P/E ratio of -0.21 and a beta of 1.46.
About Varta
Varta AG, through its subsidiaries, engages in the research, development, production, and sale of micro and household batteries, large-format batteries, battery solutions, and energy storage systems in Europe, Asia, North America, and internationally. It operates in five segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Other.
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