Wacker Chemie AG (ETR:WCH – Get Free Report)’s share price rose 1.6% on Tuesday . The company traded as high as €97.40 and last traded at €95.70. Approximately 65,556 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 218,420 shares. The stock had previously closed at €94.15.
Wacker Chemie Price Performance
The company has a current ratio of 2.99, a quick ratio of 1.55 and a debt-to-equity ratio of 65.82. The company has a market capitalization of $5.12 billion, a PE ratio of 49.70, a price-to-earnings-growth ratio of -0.41 and a beta of 0.71. The stock’s 50-day moving average is €95.37 and its two-hundred day moving average is €80.75.
About Wacker Chemie
Wacker Chemie AG, together with its subsidiaries, provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silica. The Wacker Polymers division provides binders and polymeric additives, such as dispersible polymer powder and vinyl acetate-ethylene dispersions, which are used in construction, paper, adhesive, paint, coating, and basic chemical industries.
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