Covestro (OTCMKTS:COVTY) Sees Unusually-High Trading Volume – Here’s What Happened

Posted by Tyrone Williams on Dec 16th, 2025

Covestro AG Sponsored ADR (OTCMKTS:COVTY – Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 24,835 shares changed hands during trading, an increase of 231% from the previous session’s volume of 7,500 shares.The stock last traded at $35.2350 and had previously closed at $35.06.

Wall Street Analysts Forecast Growth

Separately, Alembic Global Advisors lowered Covestro to a “hold” rating in a report on Monday, October 27th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Get Our Latest Stock Analysis on Covestro

Covestro Stock Performance

The stock’s 50-day moving average price is $34.65 and its 200-day moving average price is $34.68. The company has a market capitalization of $13.14 billion, a price-to-earnings ratio of -26.33 and a beta of 0.92. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.73 and a current ratio of 1.36.

Covestro (OTCMKTS:COVTY – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The company reported ($0.15) earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.02. The firm had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $3.69 billion. Covestro had a negative return on equity of 7.04% and a negative net margin of 3.34%. As a group, equities research analysts expect that Covestro AG Sponsored ADR will post 0.03 earnings per share for the current year.

Covestro Company Profile

(Get Free Report)

Covestro AG supplies high-tech polymer materials and application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications.