Shares of Wacker Chemie AG (ETR:WCH – Get Free Report) rose 1.3% during mid-day trading on Thursday . The company traded as high as €81.00 and last traded at €81.00. Approximately 73,773 shares were traded during trading, a decline of 66% from the average daily volume of 218,420 shares. The stock had previously closed at €79.95.
Wacker Chemie Stock Up 1.3%
The company has a debt-to-equity ratio of 40.32, a quick ratio of 1.55 and a current ratio of 2.58. The stock has a market cap of $4.33 billion, a price-to-earnings ratio of 42.07, a price-to-earnings-growth ratio of -0.41 and a beta of 1.24. The business’s 50 day moving average is €71.61 and its 200 day moving average is €67.93.
About Wacker Chemie
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. The Wacker Polymers division provides binders and polymeric additives, such as dispersible polymer powder and vinyl acetate-ethylene dispersions, which are used in construction, paper, adhesive, paint, coating, and basic chemical industries.
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