SGL Carbon SE (OTCMKTS:SGLFF – Get Free Report) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 3,360 shares, an increase of 105.1% from the April 15th total of 1,638 shares. Based on an average trading volume of 12 shares, the short-interest ratio is currently 280.0 days.
SGL Carbon Price Performance
OTCMKTS:SGLFF traded down $0.23 during mid-day trading on Monday, reaching $5.27. The company’s stock had a trading volume of 362 shares, compared to its average volume of 2,008. SGL Carbon has a 12-month low of $3.00 and a 12-month high of $5.81. The firm’s fifty day moving average price is $4.44 and its two-hundred day moving average price is $4.22.
Analyst Ratings Changes
A number of equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of SGL Carbon in a research note on Tuesday, February 24th. Jefferies Financial Group reiterated a “hold” rating on shares of SGL Carbon in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, SGL Carbon has an average rating of “Hold”.
SGL Carbon Company Profile
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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