Wacker Chemie AG (ETR:WCH – Get Free Report)’s stock price shot up 1.7% during trading on Tuesday . The company traded as high as €88.40 and last traded at €87.35. Approximately 30,420 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 218,420 shares. The stock had previously closed at €85.90.
Wacker Chemie Trading Up 1.9%
The company has a debt-to-equity ratio of 57.12, a quick ratio of 1.55 and a current ratio of 2.67. The company’s 50-day moving average price is €90.50 and its 200-day moving average price is €90.61. The firm has a market capitalization of $4.82 billion, a PE ratio of 46.77, a PEG ratio of -0.41 and a beta of 0.68.
About Wacker Chemie
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.
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