Aurubis (ETR:NDA) Shares Down 0.3% – Here’s Why

Shares of Aurubis AG (ETR:NDA) dropped 0.3% on Wednesday . The company traded as low as €153.60 and last traded at €155.70. Approximately 207,601 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 324,299 shares. The stock had previously closed at €156.20.

Aurubis Price Performance

The stock has a market capitalization of $6.93 billion, a PE ratio of 16.70, a price-to-earnings-growth ratio of 1.25 and a beta of 1.35. The stock’s 50 day moving average price is €126.40 and its 200-day moving average price is €110.18. The company has a quick ratio of 0.71, a current ratio of 2.15 and a debt-to-equity ratio of 8.41.

Aurubis Company Profile

Aurubis AG processes metal concentrates and recycling materials in Germany. The company processes scrap metals, organic and inorganic metalbearing recycling raw materials, and industrial residues. It also offers wire rods and specialty wires, shapes, bars and profiles, industrial rolled products, and architectural rolled products. In addition, the company produces gold, silver, tin, lead, lead-bismuth alloy, lead-antimony litharge, tellurium metals, and tellurium dioxide. Further, the company engages in the recycling of copper, copper scrap, alloy scrap and other recycling materials, precious metals, and other non-ferrous metals.