Basf (ETR:BAS) Shares Cross Above 200 Day Moving Average – Here’s What Happened

Shares of Basf Se (ETR:BAS) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €50.07 and traded as high as €51.70. Basf shares last traded at €51.50, with a volume of 1,300,812 shares traded.

Basf Stock Performance

The company’s 50 day simple moving average is €49.25 and its 200 day simple moving average is €50.07. The company has a debt-to-equity ratio of 68.85, a quick ratio of 1.02 and a current ratio of 1.85. The stock has a market cap of $48.38 billion, a PE ratio of 97.00, a price-to-earnings-growth ratio of 0.25 and a beta of 0.74.

About Basf

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.