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Salzgitter has delivered a powerful share price recovery in recent years, and the question for anyone looking at the stock today is whether that move is fully backed by the cash the business can generate. After such a shift, the focus naturally turns to what the current valuation implies for the company’s future cash flows rather than just its recent share chart. Over the past 3 years the stock has gained 119.3%, which puts a lot of weight on whether the recent price reflects the cash flows...
The agreement is supported by two new hybrid facilities that together provide 147MW of solar capacity and 79MW/237MWh of battery storage.
Salzgitter (SZGPY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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