SALZGITTER AG/ADR (OTCMKTS:SZGPY) Raised to Hold at Jefferies Financial Group

Jefferies Financial Group upgraded shares of SALZGITTER AG/ADR (OTCMKTS:SZGPY) from an underperform rating to a hold rating in a report published on Monday, The Fly reports.

Separately, Zacks Investment Research upgraded SALZGITTER AG/ADR from a sell rating to a hold rating in a research note on Thursday, February 20th.

SZGPY opened at $1.25 on Monday. The company has a market cap of $625.07 million, a PE ratio of 2.23 and a beta of 1.01. The stock has a 50-day moving average of $1.47 and a 200-day moving average of $1.79. SALZGITTER AG/ADR has a 52-week low of $0.89 and a 52-week high of $2.89.

About SALZGITTER AG/ADR

Salzgitter Aktiengesellschaft, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through five segments: Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology. The Strip Steel segment manufactures branded and special steels, such as hot-rolled strip steel and steel sheets, sections, tailored blanks, and components for the construction industry.

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