LANXESS Aktiengesellschaft (ETR:LXS) Shares Up 2.9% – Still a Buy?

LANXESS Aktiengesellschaft (ETR:LXS) shares traded up 2.9% during trading on Thursday. The company traded as high as €12.77 and last traded at €12.47. 570,003 shares were traded during mid-day trading, an increase of 83% from the average session volume of 312,027 shares. The stock had previously closed at €12.12.

LANXESS Aktiengesellschaft Stock Up 2.9%

The firm has a market cap of $1.13 billion, a price-to-earnings ratio of -1.30, a PEG ratio of 1.12 and a beta of 1.14. The company has a current ratio of 1.80, a quick ratio of 0.57 and a debt-to-equity ratio of 85.65. The firm’s 50 day simple moving average is €14.04 and its two-hundred day simple moving average is €15.82.

About LANXESS Aktiengesellschaft

LANXESS Aktiengesellschaft, together with its subsidiaries, operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide. It operates through three segments: Consumer Protection, Specialty Additives, and Advanced Intermediates. The Consumer Protection segment provides material protection products; disinfectant, hygiene, and preservative solutions; flavors and fragrances; liquid purification technologies for the treatment of water and other liquids; and precursors and intermediates for the agrochemicals, pharmaceuticals, and specialty chemicals industries.