SGL Carbon (OTCMKTS:SGLFF) Trading 15% Higher – Should You Buy?

SGL Carbon SE (OTCMKTS:SGLFFGet Free Report)’s share price traded up 15% during mid-day trading on Friday . The company traded as high as $4.5080 and last traded at $4.5080. 500 shares were traded during mid-day trading, an increase of 67% from the average session volume of 300 shares. The stock had previously closed at $3.92.

SGL Carbon Stock Performance

The business’s 50 day simple moving average is $3.63 and its two-hundred day simple moving average is $3.79.

SGL Carbon Company Profile

(Get Free Report)

SGL Carbon SE is a German high‐technology company specializing in carbon‐based solutions, including graphite and composite materials. Headquartered in Wiesbaden, Germany, the firm was established in 1992 but draws on more than 150 years of carbon materials expertise. Its operations are organized into two principal segments: Graphite Solutions, which produces graphite electrodes, carbon blocks and other graphitic products for industries such as steel, aluminum and chemicals; and Composite Solutions, which focuses on fiber‐reinforced composites, carbon fibers and specialty materials for high‐performance applications.

The company’s product portfolio serves a broad range of end markets, including automotive, aerospace, renewable energy and electronics.

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