Basf (ETR:BAS) Stock Crosses Above 200-Day Moving Average – What’s Next?

Basf Se (ETR:BASGet Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €49.63 and traded as high as €51.55. Basf shares last traded at €50.44, with a volume of 1,495,641 shares changing hands.

Basf Stock Up 0.5%

The company has a debt-to-equity ratio of 68.85, a current ratio of 1.85 and a quick ratio of 1.02. The stock has a market cap of $47.47 billion, a price-to-earnings ratio of 95.17, a price-to-earnings-growth ratio of 0.25 and a beta of 0.74. The firm’s 50-day moving average is €48.99 and its 200 day moving average is €49.63.

Basf Company Profile

(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. The Industrial Solutions segment develops and markets ingredients and additives for industrial applications, such as polymer dispersions, resins, additives, electronic materials, and antioxidants for automotive, plastics, paints and coatings, electronics, and energy and resource industries.

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