Salzgitter AG (ETR:SZG – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as €21.20 ($22.80) and last traded at €22.08 ($23.74), with a volume of 490614 shares trading hands. The stock had previously closed at €24.36 ($26.19).
Salzgitter Stock Down 9.4 %
The firm’s 50 day simple moving average is €23.92 and its 200 day simple moving average is €25.42. The company has a market cap of $1.19 billion, a price-to-earnings ratio of 6.80, a price-to-earnings-growth ratio of -0.09 and a beta of 2.11. The company has a quick ratio of 0.89, a current ratio of 1.79 and a debt-to-equity ratio of 26.91.
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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