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Are you looking to buy Salzgitter stocks? Chech our Reportlab with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy OTC:SZGPY! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Salzgitter stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through five segments: Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology. The Strip Steel segment manufactures branded and special steels, such as hot-rolled strip steel and steel sheets, sections, tailored blanks, and components for the construction industry. The Plate/Section Steel segment produces various high-grade heavy plates for engineering, shipbuilding, and mechanical engineering, as well as trades in scrap. The Mannesmann segment is involved in the manufacture of line pipes, HFI-welded tubes, precision and stainless steel tubes, and spiral-welded and longitudinal-welded large-diameter pipes; and seamless and welded tubes for the energy, automotive, and mechanical engineering sectors. The Trading segment operates a European sales network, as well as trading companies and agencies worldwide. The Technology segment offers machinery and plants for the filling and packaging of beverages, as well as special machinery for shoe manufacturing and elastomer production. The company also provides IT, facility management, logistics, automotive engineering, and research and development services, as well as supplies raw materials. Salzgitter AG was founded in 1858 and is headquartered in Salzgitter, Germany.
Average volume
10,262 shs
MARKET CAP
$1.58 billion
Stock exchange
OTCMKTS
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Below is a quick guide on how to buy OTC:SZGPY stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Salzgitter shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Salzgitter – Search for “”OTC:SZGPY”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Salzgitter stocks with 0% commission!.
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6 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Salzgitter in the last year. There are currently 2 sell ratings, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “hold” Salzgitter stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SZGPY, but not buy additional shares or sell existing shares.
Wall Street analysts have given Salzgitter a “Hold” rating, but there may be better short-term opportunities in the market. Some of Reportlab’s past winning trading ideas have resulted in 5-15% weekly gains. Reportlab just released five new trading ideas, but Salzgitter wasn’t one of them. Reportlab thinks five stocks may be even better buys in the how to buy stocks guide.
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It can be difficult to navigate through all the outdated and incorrect information related to purchasing OTC:SZGPY stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Salzgitter stocks with a step by step approach.
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Salzgitter stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Now that you’ve funded your eToro account, just type “OTC:SZGPY stocks” into the search bar at the top of the screen and press “trade”.
All that’s left is to buy some OTC:SZGPY stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
All in all, OTC:SZGPY is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Salzgitter stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
Salzgitter is scheduled to release its next quarterly earnings announcement on Monday, March 15th 2021.
View our earnings forecast for Salzgitter.
Salzgitter AG (OTCMKTS:SZGPY) issued its quarterly earnings data on Friday, November, 13th. The basic materials company reported ($0.22) earnings per share for the quarter. The basic materials company earned $1.91 billion during the quarter. Salzgitter had a negative net margin of 6.31% and a negative trailing twelve-month return on equity of 15.91%.
View Salzgitter’s earnings history.
Salzgitter’s stock was trading at $1.2195 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SZGPY stock has increased by 115.7% and is now trading at $2.63.
Salzgitter saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 200 shares, an increase of 100.0% from the December 31st total of 100 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is presently 0.2 days.
View Salzgitter’s Short Interest.
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying OTC:SZGPY stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
Salzgitter’s management team includes the following people:
Dr. Heinz Jorg Fuhrmann, Chairman of the Group Management Board & CEO (Age 65)
Mr. Burkhard Becker, CFO & Member of the Group Management Board (Age 61)
Mr. Michael Kieckbusch, Chief Personnel Officer & Member of the Group Management Board (Age 60)
Mr. Ulrich Grethe, Strip Steel Bus. Unit Mang. & Member of the Group Management Board
Mr. Volker Schult, Trading Bus. Unit Mang. & Member of the Group Management Board
Mr. Kai Acker, Head of the Group Technology Bus. Unit & Member of Group Management Board
Dr. Sebastian Bross, Head of the Group’s Plate/Section Steel Bus. Unit & Member of the Group Management Board
Ms. Heike Niederau-Buck, Chief Information Officer of IT-Strategie
Mr. Markus Heidler, Head of Investor Relations
Mr. Bernhard Kleinermann, Spokesman and Head of Corp. Communications (Age 59)
Some companies that are related to Salzgitter include Raiffeisen Bank International (RAIFY), Brother Industries (BRTHY), Renishaw (RNSHF), Dai Nippon Printing (DNPLY), Hitachi Construction Machinery (HTCMY), MERLIN ENTERTAI/S (MERLY), boohoo group (BHOOY), Jiangsu Expressway (JEXYY), British Land (BTLCY), Royal Mail (ROYMY), Hino Motors (HINOY), Howden Joinery Group (HWDJY), JFE (JFEEF), COBHAM PLC/ADR (CBHMY) and G4S (GFSZY).
View all of SZGPY’s competitors.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Salzgitter trades on the OTCMKTS under the ticker symbol “SZGPY.”
Shares of SZGPY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
One share of SZGPY stock can currently be purchased for approximately $2.63.
Salzgitter has a market capitalization of $1.58 billion and generates $9.57 billion in revenue each year. The basic materials company earns $-270,030,000.00 in net income (profit) each year or ($0.50) on an earnings per share basis.
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Salzgitter employs 24,050 workers across the globe.
The official website for Salzgitter is www.salzgitter-ag.com.
Salzgitter is headquartered at Eisenhuttenstra¿e 99, Salzgitter 2M, 38239.
Salzgitter’s mailing address is Eisenhuttenstra¿e 99, Salzgitter 2M, 38239. The basic materials company can be reached via phone at 49-5341-2101 or via email at ir@salzgitter-ag.de
At reportlab we want to help you with a detailed stock analysis, we want to remind you that the data provided on this website is not necessarily entirely current or accurate. The data and quotes on the website are not always provided by a market or exchange, but may also come from market makers. Therefore, the quotes may not be accurate and may differ from the actual price on a market. They are indicative quotes and are not suitable for trading purposes.
At Reportlab.org we want to make sure that you have all the most relevant information about buying stocks. We bring you the best guides about the stock market with personal reviews, background information, platform reviews, how to’s and more. Want to get other information? Then check out the OTC stocks, NASDAQ stocks, NYSE stocks, LON stocks, FRA stocks, ETR stocks, EPA stocks, TSX stocks or Amex stocks. Looking for more detailed info like 5g stocks, biotech stocks, gold stocks and other information out of our reportlab.
How to buy Salzgitter stock?
The safest and easiest way to buy OTC:SZGPY stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy Salzgitter stock?
You will first want to find a licensed broker that supports OTC:SZGPY stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading OTC:SZGPY stocks in a safe and complete environment.
Is OTC:SZGPY stock a good investment?
As with any other asset, there is an element of risk associated with buying OTC:SZGPY stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Salzgitter stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with OTC:SZGPY is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Salzgitter stock.
How do you trade Salzgitter stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Salzgitter stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on OTC:SZGPY stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Salzgitter stock?
To sell your OTC:SZGPY stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Salzgitter stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading OTC:SZGPY stock.
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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