Wacker Chemie AG (OTCMKTS:WKCMF)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $136.24 and traded as high as $147.33. Wacker Chemie shares last traded at $147.33, with a volume of 29 shares traded.
A number of equities analysts recently weighed in on WKCMF shares. Citigroup restated a “sell” rating on shares of Wacker Chemie in a research report on Tuesday, February 16th. UBS Group reiterated a “buy” rating on shares of Wacker Chemie in a research report on Thursday, March 25th. Barclays initiated coverage on shares of Wacker Chemie in a research note on Monday, March 29th. They issued an “overweight” rating on the stock. JPMorgan Chase & Co. reaffirmed a “hold” rating on shares of Wacker Chemie in a research note on Tuesday, February 2nd. Finally, Berenberg Bank reaffirmed a “hold” rating on shares of Wacker Chemie in a research note on Friday, January 8th. Four analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company. Wacker Chemie presently has a consensus rating of “Hold”.
The company’s fifty day simple moving average is $136.36 and its 200-day simple moving average is $125.60.
Wacker Chemie AG 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 silicas for use in construction, electronics, automotive, personal care, paint, and coating solutions.
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