--- title: "Salzgitter (OTCMKTS:SZGPY) Shares Gap Down - Should You Sell?" type: "News" locale: "en" url: "https://longbridge.com/en/news/284845458.md" description: "Salzgitter AG (OTCMKTS:SZGPY) shares gapped down from $5.75 to $5.24 before market opening. Analysts have mixed ratings: UBS downgraded to 'hold', Citigroup maintained 'neutral', Oddo Bhf upgraded to 'outperform', while Deutsche Bank kept 'buy' and Morgan Stanley maintained 'underweight'. The stock has a market cap of $2.83 billion, a PE ratio of -34.93, and reported a quarterly EPS of ($0.05), missing estimates. Analysts predict an EPS of 0.2 for the current fiscal year. Salzgitter is a major European steel producer based in Germany." datetime: "2026-04-30T22:21:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284845458.md) - [en](https://longbridge.com/en/news/284845458.md) - [zh-HK](https://longbridge.com/zh-HK/news/284845458.md) --- # Salzgitter (OTCMKTS:SZGPY) Shares Gap Down - Should You Sell? Salzgitter AG (OTCMKTS:SZGPY - Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $5.75, but opened at $5.24. Salzgitter shares last traded at $5.24, with a volume of 1,503 shares. ## Analyst Upgrades and Downgrades A number of analysts have commented on SZGPY shares. UBS Group downgraded Salzgitter from a "buy" rating to a "hold" rating in a research report on Thursday, January 22nd. Citigroup reaffirmed a "neutral" rating on shares of Salzgitter in a report on Thursday, January 22nd. Oddo Bhf raised shares of Salzgitter from an "underperform" rating to an "outperform" rating in a report on Monday, January 19th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Salzgitter in a report on Thursday, February 5th. Finally, Morgan Stanley reaffirmed an "underweight" rating on shares of Salzgitter in a report on Tuesday, January 6th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold". **Read Our Latest Report on SZGPY** ## Salzgitter Price Performance The firm has a market capitalization of $2.83 billion, a PE ratio of -34.93 and a beta of 1.54. The company has a 50-day moving average price of $5.31 and a 200-day moving average price of $4.81. Salzgitter (OTCMKTS:SZGPY - Get Free Report) last announced its quarterly earnings data on Thursday, March 19th. The basic materials company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.03). The firm had revenue of $2.46 billion for the quarter. Salzgitter had a negative net margin of 0.78% and a negative return on equity of 1.60%. On average, research analysts predict that Salzgitter AG will post 0.2 earnings per share for the current fiscal year. ## Salzgitter Company Profile (Get Free Report) Salzgitter AG is a leading European steel producer headquartered in Salzgitter, Germany. The company operates an integrated steelworks, encompassing ironmaking, steelmaking, continuous casting and rolling mills. Its core business revolves around the production and processing of steel products for various industries, including automotive, construction, mechanical engineering and energy. Founded in 1937 as part of Germany's industrial expansion, Salzgitter evolved through post-war reconstruction and state ownership before being privatized in the late 1990s. ## See Also - Five stocks we like better than Salzgitter _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Salzgitter Right Now? Before you consider Salzgitter, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Salzgitter wasn't on the list. While Salzgitter currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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