Südzucker (ETR:SZU) Shares Pass Below 50 Day Moving Average – Here’s Why

Shares of Südzucker AG (ETR:SZUGet Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of €11.18 and traded as low as €11.10. Südzucker shares last traded at €11.12, with a volume of 88,467 shares.

Südzucker Trading Down 0.2%

The company has a quick ratio of 1.00, a current ratio of 2.17 and a debt-to-equity ratio of 72.62. The firm’s fifty day moving average is €11.18 and its two-hundred day moving average is €10.91. The firm has a market cap of $2.28 billion, a P/E ratio of 26.45, a PEG ratio of 0.44 and a beta of 0.09.

Südzucker Company Profile

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Südzucker AG produces and sells sugar products in Germany, rest of the European Union, the United Kingdom, the United States, and internationally. It operates through five segments: Sugar, Special Products, CropEnergies, Starch, and Fruit. The Sugar segment produces and sells sugar, sugar specialty products, glucose syrup, and animal feed to food industry, retailers, and agriculture markets, as well as offers by-products of sugar. The Special Products segment produces functional ingredients, including dietary fibers, sugar substitutes, sugar, rice starches, barley/rice flours, texturized wheat protein, and vegetable texturates for food, animal feed, non-food, and pharmaceutical industries.

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