Salzgitter AG (OTCMKTS:SZGPY – Get Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.69 and traded as high as $1.79. Salzgitter shares last traded at $1.79, with a volume of 248 shares trading hands.
Salzgitter Trading Up 4.1 %
The company has a fifty day simple moving average of $1.68 and a 200-day simple moving average of $1.69. The company has a market capitalization of $968.43 million, a PE ratio of -4.59 and a beta of 1.54.
Salzgitter (OTCMKTS:SZGPY – Get Free Report) last released its quarterly earnings results on Monday, November 11th. The basic materials company reported ($0.37) earnings per share for the quarter. The business had revenue of $2.73 billion for the quarter. Salzgitter had a negative return on equity of 4.08% and a negative net margin of 1.92%. On average, equities analysts predict that Salzgitter AG will post -0.68 EPS for the current fiscal year.
Salzgitter Company Profile
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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