SGL Carbon (ETR:SGL) Reaches New 12-Month Low – Here’s Why

SGL Carbon SE (ETR:SGL) shares reached a new 52-week low during trading on Wednesday . The company traded as low as €4.25 ($4.47) and last traded at €4.23 ($4.45), with a volume of 135134 shares changing hands. The stock had previously closed at €4.28 ($4.51).

SGL Carbon Price Performance

The business has a 50-day simple moving average of €4.71 and a 200 day simple moving average of €5.68. The firm has a market cap of $516.59 million, a P/E ratio of 6.48, a price-to-earnings-growth ratio of -0.38 and a beta of 1.36. The company has a debt-to-equity ratio of 42.79, a quick ratio of 1.28 and a current ratio of 2.87.

SGL Carbon Company Profile

SGL Carbon SE, together with its subsidiaries, engages in the manufacture and sale of special graphite, carbon fibers, and composite products in Germany, rest of Europe, the United States, China, rest of Asia, and internationally. The company operates in four segments: Graphite Solutions, Process Technology, Carbon Fibers, and Composite Solutions.