Shares of Wacker Chemie AG (ETR:WCH – Get Free Report) dropped 2% during mid-day trading on Tuesday. The company traded as low as €86.80 and last traded at €87.20. Approximately 47,439 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 218,420 shares. The stock had previously closed at €89.00.
Wacker Chemie Stock Down 0.2%
The firm’s 50-day simple moving average is €90.47 and its 200 day simple moving average is €92.13. The company has a market cap of $4.71 billion, a P/E ratio of 45.70, a PEG ratio of -0.41 and a beta of 0.68. The company has a debt-to-equity ratio of 57.12, a quick ratio of 1.55 and a current ratio of 2.67.
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.
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