Salzgitter (OTCMKTS:SZGPY) Reaches New 12-Month Low – What’s Next?

Salzgitter AG (OTCMKTS:SZGPYGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $1.40 and last traded at $1.40, with a volume of 1816 shares changing hands. The stock had previously closed at $1.45.

Salzgitter Trading Down 3.1 %

The stock has a market cap of $757.22 million, a P/E ratio of 9.33 and a beta of 1.50. The firm’s fifty day moving average is $1.68 and its 200 day moving average is $2.01.

Salzgitter (OTCMKTS:SZGPYGet Free Report) last posted its quarterly earnings data on Monday, August 12th. The basic materials company reported ($0.07) EPS for the quarter. Salzgitter had a negative return on equity of 0.22% and a negative net margin of 0.10%. The business had revenue of $2.76 billion during the quarter. Research analysts forecast that Salzgitter AG will post 0.04 earnings per share for the current fiscal year.

Salzgitter Company Profile

(Get Free Report)

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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