Brenntag (ETR:BNR) Trading Down 0.4% – Here’s Why

Brenntag SE (ETR:BNR) fell 0.4% during mid-day trading on Wednesday . The stock traded as low as €52.70 and last traded at €53.50. 531,878 shares changed hands during trading, The stock had previously closed at €53.74.

Brenntag Stock Down 0.4%

The business’s 50 day simple moving average is €58.20 and its 200 day simple moving average is €53.98. The company has a market capitalization of $7.97 billion, a PE ratio of 14.62, a price-to-earnings-growth ratio of 0.39 and a beta of 0.51. The company has a quick ratio of 1.19, a current ratio of 1.74 and a debt-to-equity ratio of 75.44.

Brenntag Company Profile

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling. The company serves customers in various end-market industries, including nutrition, pharma, personal care, water treatment, and lubricants; and home, industrial, and institutional markets, as well as coatings and constructions, polymers, and rubber industries.