Shares of Wacker Chemie AG (ETR:WCH – Get Free Report) shot up 1.7% during mid-day trading on Tuesday . The stock traded as high as €88.40 and last traded at €87.35. Approximately 30,420 shares changed hands during trading, a decline of 86% from the average daily volume of 218,420 shares. The stock had previously closed at €85.90.
Wacker Chemie Price Performance
The company has a current ratio of 2.67, a quick ratio of 1.55 and a debt-to-equity ratio of 57.12. The stock has a market capitalization of $4.67 billion, a PE ratio of 45.37, a PEG ratio of -0.41 and a beta of 0.68. The business has a fifty day moving average price of €90.65 and a 200-day moving average price of €90.51.
Wacker Chemie Company Profile
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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