Salzgitter (OTCMKTS:SZGPY) Shares Gap Down – Should You Sell?

Posted by George Bondi on Oct 24th, 2026

Salzgitter AG (OTCMKTS:SZGPY – Get Free Report)’s share price gapped down before the market opened on Thursday. The stock had previously closed at $5.3450, but opened at $4.90. Salzgitter shares last traded at $4.8840, with a volume of 592 shares traded.

Wall Street Analysts Forecast Growth

SZGPY has been the subject of several recent research reports. Jefferies Financial Group raised Salzgitter from a “hold” rating to a “buy” rating in a report on Monday, July 13th. UBS Group raised shares of Salzgitter from a “hold” rating to a “buy” rating in a research note on Friday, October 9th. Citigroup restated a “neutral” rating on shares of Salzgitter in a research report on Friday. Zacks Research upgraded shares of Salzgitter to a “hold” rating in a research note on Thursday, July 16th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Salzgitter in a report on Friday, September 4th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Salzgitter presently has an average rating of “Moderate Buy”.

View Our Latest Research Report on Salzgitter

Salzgitter Stock Up 0.4%

The company has a market cap of $2.66 billion, a price-to-earnings ratio of 41.00 and a beta of 1.70. The business has a fifty day simple moving average of $5.91 and a 200 day simple moving average of $5.96.

Salzgitter (OTCMKTS:SZGPY – Get Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The basic materials company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.15). Salzgitter had a return on equity of 1.29% and a net margin of 0.65%. The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.42 billion. Equities analysts anticipate that Salzgitter AG will post 0.14 EPS for the current fiscal year.

About Salzgitter

(Get Free Report)

Salzgitter AG is a Germany-based steel and technology group headquartered in Salzgitter, Lower Saxony. The company produces and processes a broad range of steel products, including flat steel, plate, sections, sheet piling and other long products, as well as tubes and precision steel products. Its products serve industries such as automotive manufacturing, construction, mechanical engineering, energy and infrastructure.

The group operates through businesses focused on steel production, steel processing, trading and technology.