Shares of Wacker Chemie AG (ETR:WCH – Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of €73.74 and traded as low as €69.50. Wacker Chemie shares last traded at €73.80, with a volume of 124,734 shares changing hands.
Wacker Chemie Stock Down 2.8%
The firm’s 50-day simple moving average is €73.74 and its 200 day simple moving average is €68.85. The company has a debt-to-equity ratio of 45.37, a quick ratio of 1.55 and a current ratio of 3.02. The company has a market cap of $3.84 billion, a P/E ratio of 37.26, a PEG ratio of -0.41 and a beta of 0.76.
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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