Basf (ETR:BAS) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Basf Se (ETR:BAS)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €50.50 and traded as high as €52.08. Basf shares last traded at €51.84, with a volume of 1,576,258 shares trading hands.

Basf Price Performance

The company has a 50 day moving average of €50.89 and a 200-day moving average of €50.52. The company has a quick ratio of 1.02, a current ratio of 1.85 and a debt-to-equity ratio of 68.85. The stock has a market capitalization of $49.03 billion, a P/E ratio of 98.31, a PEG ratio of 0.25 and a beta of 0.75.

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.