Varta AG (ETR:VAR1 – Get Free Report)’s share price traded down 8.9% during mid-day trading on Wednesday . The company traded as low as €1.70 ($1.79) and last traded at €1.75 ($1.84). 243,838 shares were traded during trading, The stock had previously closed at €1.92 ($2.02).
Varta Price Performance
The business has a 50-day moving average of €2.51 and a 200 day moving average of €4.89. The firm has a market capitalization of $79.23 million, a P/E ratio of -0.25 and a beta of 1.46. The company has a current ratio of 1.00, a quick ratio of 0.39 and a debt-to-equity ratio of 130.05.
Varta Company Profile
Varta AG, through its subsidiaries, engages in the research, development, production, and sale of micro and household batteries, large-format batteries, battery solutions, and energy storage systems in Europe, Asia, North America, and internationally. It operates in five segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Other.
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