Brenntag (ETR:BNR) Shares Up 2.1% – Time to Buy?

Shares of Brenntag SE (ETR:BNR) shot up 2.1% during mid-day trading on Wednesday . The stock traded as high as €45.79 and last traded at €45.33. 448,804 shares traded hands during mid-day trading, The stock had previously closed at €44.40.

Brenntag Stock Performance

The stock’s 50 day moving average price is €51.61 and its 200 day moving average price is €50.53. The company has a current ratio of 1.86, a quick ratio of 1.19 and a debt-to-equity ratio of 12.36. The company has a market capitalization of $6.75 billion, a price-to-earnings ratio of 12.38, a P/E/G ratio of 0.39 and a beta of 0.67.

About Brenntag

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling. The company serves customers in various end-market industries, including nutrition, pharma, personal care, water treatment, and lubricants; and home, industrial, and institutional markets, as well as coatings and constructions, polymers, and rubber industries.