Independent Research set a €20.00 ($23.26) price objective on SMA Solar Technology (ETR:S92) in a report issued on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Shares of S92 opened at €20.18 ($23.47) on Thursday. SMA Solar Technology has a 52 week low of €14.53 ($16.90) and a 52 week high of €32.60 ($37.91). The firm has a market cap of $700.25 million and a P/E ratio of -3.48. The firm’s 50-day simple moving average is €23.43 and its 200 day simple moving average is €22.15. The company has a debt-to-equity ratio of 9.46, a quick ratio of 1.30 and a current ratio of 2.18.
SMA Solar Technology Company Profile
SMA Solar Technology AG, together with its subsidiaries, develops, produces, and distributes photovoltaic (PV) inverters, transformers, choke coils, and monitoring and energy management systems for PV systems worldwide. It operates through Residential, Commercial, Utility, Storage, and Digital Energy segments.
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