Aurubis (ETR:NDA) Shares Down 2.7% – Time to Sell?
by Sarita Garza · The Markets DailyAurubis AG (ETR:NDA – Get Free Report) shares dropped 2.7% during mid-day trading on Monday . The company traded as low as €211.40 and last traded at €212.20. Approximately 126,812 shares traded hands during trading, a decline of 61% from the average daily volume of 324,299 shares. The stock had previously closed at €218.20.
Aurubis Price Performance
The stock has a market capitalization of $8.80 billion, a PE ratio of 21.20, a price-to-earnings-growth ratio of 1.25 and a beta of 1.32. The company has a quick ratio of 0.71, a current ratio of 2.14 and a debt-to-equity ratio of 9.09. The stock’s 50 day moving average price is €188.23 and its 200-day moving average price is €159.25.
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.