Varta AG (ETR:VAR1 – Get Free Report) dropped 2.2% on Tuesday . The company traded as low as €2.73 ($2.90) and last traded at €2.73 ($2.90). Approximately 185,768 shares changed hands during mid-day trading, The stock had previously closed at €2.79 ($2.97).
Varta Stock Down 2.2 %
The company has a debt-to-equity ratio of 130.05, a current ratio of 1.00 and a quick ratio of 0.39. The stock has a 50-day moving average price of €2.31 and a 200-day moving average price of €5.86. The company has a market capitalization of $116.41 million, a P/E ratio of -0.38 and a beta of 1.46.
Varta Company Profile
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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