Aurubis (ETR:NDA) Stock Crosses Below Fifty Day Moving Average – What’s Next?

Aurubis AG (ETR:NDAGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of €85.06 ($93.47) and traded as low as €81.85 ($89.95). Aurubis shares last traded at €83.25 ($91.48), with a volume of 129,512 shares.

Aurubis Trading Down 5.4 %

The company has a quick ratio of 0.71, a current ratio of 2.15 and a debt-to-equity ratio of 8.41. The stock has a market cap of $3.44 billion, a price-to-earnings ratio of 8.30, a PEG ratio of 1.25 and a beta of 1.35. The company’s fifty day moving average is €85.06 and its two-hundred day moving average is €77.64.

About Aurubis

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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.

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