Varta (ETR:VAR1) Shares Down 2.2% – Here’s What Happened

Varta AG (ETR:VAR1Get Free Report) traded down 2.2% on Tuesday . The stock traded as low as €2.73 ($2.90) and last traded at €2.73 ($2.90). 185,768 shares traded hands during trading, The stock had previously closed at €2.79 ($2.97).

Varta Price Performance

The firm has a fifty day moving average price of €2.32 and a two-hundred day moving average price of €5.81. The stock has a market capitalization of $108.14 million, a P/E ratio of -0.35 and a beta of 1.46. The company has a debt-to-equity ratio of 130.05, a quick ratio of 0.39 and a current ratio of 1.00.

Varta Company Profile

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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.

Further Reading

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