LANXESS Aktiengesellschaft (ETR:LXS) Stock Price Up 0.9% – Here’s What Happened

LANXESS Aktiengesellschaft (ETR:LXS)’s share price shot up 0.9% during trading on Tuesday . The company traded as high as €17.97 and last traded at €17.97. 445,732 shares traded hands during mid-day trading, an increase of 43% from the average session volume of 312,027 shares. The stock had previously closed at €17.81.

LANXESS Aktiengesellschaft Trading Up 0.9%

The stock’s 50 day moving average price is €17.28 and its two-hundred day moving average price is €20.75. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of -1.88, a PEG ratio of 1.12 and a beta of 1.62.

LANXESS Aktiengesellschaft Company Profile

LANXESS Aktiengesellschaft, together with its subsidiaries, operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide. It operates through three segments: Consumer Protection, Specialty Additives, and Advanced Intermediates. The Consumer Protection segment provides material protection products; disinfectant, hygiene, and preservative solutions; flavors and fragrances; liquid purification technologies for the treatment of water and other liquids; and precursors and intermediates for the agrochemicals, pharmaceuticals, and specialty chemicals industries.