LANXESS Aktiengesellschaft (ETR:LXS) Shares Pass Below 50-Day Moving Average – Should You Sell?

LANXESS Aktiengesellschaft (ETR:LXS) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of €15.80 and traded as low as €14.54. LANXESS Aktiengesellschaft shares last traded at €15.04, with a volume of 1,213,807 shares changing hands.

LANXESS Aktiengesellschaft Trading Down 0.3%

The firm’s 50 day moving average is €15.80 and its 200 day moving average is €16.90. The company has a debt-to-equity ratio of 85.65, a current ratio of 1.80 and a quick ratio of 0.57. The company has a market cap of $1.36 billion, a PE ratio of -1.57, a PEG ratio of 1.12 and a beta of 1.14.

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.