Basf (ETR:BAS) Stock Passes Above 200-Day Moving Average – Should You Sell?

Basf Se (ETR:BASGet Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €43.67 ($50.78) and traded as high as €44.30 ($51.51). Basf shares last traded at €44.00 ($51.16), with a volume of 1,432,003 shares trading hands.

Basf Price Performance

The company has a current ratio of 1.87, a quick ratio of 1.02 and a debt-to-equity ratio of 64.22. The firm has a market capitalization of $40.40 billion, a price-to-earnings ratio of 81.00, a PEG ratio of 0.25 and a beta of 1.21. The business has a 50-day moving average price of €44.35 and a two-hundred day moving average price of €43.67.

About Basf

(Get Free Report)

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries.

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