Wacker Chemie (ETR:WCH) Stock Price Down 1.1% – What’s Next?

Wacker Chemie AG (ETR:WCH) shares were down 1.1% during trading on Wednesday . The stock traded as low as €93.90 and last traded at €94.00. Approximately 113,123 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 218,420 shares. The stock had previously closed at €95.00.

Wacker Chemie Stock Performance

The firm has a market capitalization of $5.22 billion, a PE ratio of 50.71, a price-to-earnings-growth ratio of -0.41 and a beta of 0.81. The company has a debt-to-equity ratio of 65.81, a quick ratio of 1.55 and a current ratio of 3.06. The company’s fifty day moving average price is €81.04 and its two-hundred day moving average price is €72.97.

Wacker Chemie Company Profile

Wacker Chemie AG, together with its subsidiaries, provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silica. The Wacker Polymers division provides binders and polymeric additives, such as dispersible polymer powder and vinyl acetate-ethylene dispersions, which are used in construction, paper, adhesive, paint, coating, and basic chemical industries.