Varta (ETR:VAR1) Trading Down 5.9% – Should You Sell?

by · The Cerbat Gem

Varta AG (ETR:VAR1 – Get Free Report) shares traded down 5.9% on Thursday . The stock traded as low as €1.50 ($1.56) and last traded at €1.52 ($1.58). 241,259 shares traded hands during trading, The stock had previously closed at €1.62 ($1.68).

Varta Price Performance

The company has a quick ratio of 0.39, a current ratio of 1.00 and a debt-to-equity ratio of 130.05. The stock has a market capitalization of $64.86 million, a price-to-earnings ratio of -0.21 and a beta of 1.46. The business’s 50 day simple moving average is €2.48 and its 200-day simple moving average is €3.96.

Varta Company Profile

(Get Free Report)

Varta AG, through its subsidiaries, engages in the research, development, production, and sale of micro and household batteries, large-format batteries, battery solutions, and energy storage systems in Europe, Asia, North America, and internationally. It operates in five segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Other.

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