SMA Solar Technology AG (ETR:S92 – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of €50.76 and traded as high as €51.75. SMA Solar Technology shares last traded at €51.00, with a volume of 104,187 shares.
SMA Solar Technology Price Performance
The company has a quick ratio of 1.01, a current ratio of 1.39 and a debt-to-equity ratio of 21.34. The stock has a market capitalization of $1.97 billion, a price-to-earnings ratio of 24.68, a P/E/G ratio of 13.06 and a beta of 0.81. The business’s 50 day simple moving average is €56.43 and its 200-day simple moving average is €50.76.
About SMA Solar Technology
SMA Solar Technology AG, together with its subsidiaries, engages in development, production, and sale of PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. It operates through Home Solutions, Commercial and Industrial Solutions, and Large Scale and Project Solutions segments. The company offers string and central solar inverters for various module types; battery inverters for high voltage batteries, on- and off- grid applications, commercial and industrial storage solutions, large scale storage solutions, and accessories; medium-voltage technology products; and DC-DC converters.
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