XTRA:SZGMetals and Mining
Is It Too Late To Consider Salzgitter (XTRA:SZG) After A 149% One-Year Rally?
If you are looking at Salzgitter and wondering whether the current share price still reflects good value, the key is to separate short term excitement from what the valuation is actually telling you.
The stock recently closed at €50.00, with a 7.1% decline over the last 7 days, a 10.1% gain over 30 days, 11.7% year to date, and 149.0% over the past year. This naturally raises questions about how much of that is already priced in.
These moves sit against a backdrop of ongoing interest in the...