Wacker Chemie (ETR:WCH) Shares Up 1.6% – Still a Buy?

Wacker Chemie AG (ETR:WCHGet Free Report)’s stock price shot up 1.6% during trading on Wednesday . The company traded as high as €65.86 ($69.33) and last traded at €64.80 ($68.21). 81,654 shares were traded during mid-day trading, a decline of 63% from the average session volume of 218,420 shares. The stock had previously closed at €63.78 ($67.14).

Wacker Chemie Trading Up 0.5 %

The company has a quick ratio of 1.55, a current ratio of 2.58 and a debt-to-equity ratio of 38.96. The firm has a 50 day moving average of €69.54 and a 200 day moving average of €80.98. The firm has a market cap of $3.32 billion, a PE ratio of 4.31, a P/E/G ratio of -0.41 and a beta of 1.24.

Wacker Chemie Company Profile

(Get Free Report)

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.

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