Aurubis (ETR:NDA) Share Price Passes Above Fifty Day Moving Average – What’s Next?

Aurubis AG (ETR:NDAGet Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of €195.48 and traded as high as €202.80. Aurubis shares last traded at €196.70, with a volume of 132,640 shares trading hands.

Aurubis Trading Down 4.0%

The business’s fifty day moving average is €195.48 and its 200-day moving average is €163.76. The company has a debt-to-equity ratio of 9.09, a quick ratio of 0.71 and a current ratio of 2.14. The firm has a market cap of $8.75 billion, a P/E ratio of 21.10, a price-to-earnings-growth ratio of 1.25 and a beta of 1.33.

Aurubis Company Profile

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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.

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