LANXESS Aktiengesellschaft (ETR:LXS) Trading Up 1.9% – Should You Buy?

Shares of LANXESS Aktiengesellschaft (ETR:LXSGet Free Report) were up 1.9% during mid-day trading on Friday . The stock traded as high as €27.14 ($31.56) and last traded at €27.00 ($31.40). Approximately 339,029 shares traded hands during trading, an increase of 9% from the average daily volume of 312,027 shares. The stock had previously closed at €26.50 ($30.81).

LANXESS Aktiengesellschaft Stock Performance

The firm’s 50 day moving average price is €26.24 and its 200-day moving average price is €26.47. The firm has a market capitalization of $2.40 billion, a PE ratio of -2.77, a price-to-earnings-growth ratio of 1.12 and a beta of 1.62.

About LANXESS Aktiengesellschaft

(Get Free Report)

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.

See Also

Receive News & Ratings for LANXESS Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LANXESS Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.