Covestro (OTCMKTS:COVTY – Get Free Report) will likely be announcing its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of ($0.0815) per share and revenue of $3.4161 billion for the quarter.
Covestro Price Performance
COVTY opened at $35.43 on Wednesday. The company has a market capitalization of $14.71 billion, a price-to-earnings ratio of -26.84 and a beta of 0.94. The company has a current ratio of 1.36, a quick ratio of 0.73 and a debt-to-equity ratio of 0.34. Covestro has a 12-month low of $29.94 and a 12-month high of $36.60. The business’s fifty day simple moving average is $35.01 and its 200-day simple moving average is $34.71.
Covestro Company Profile
Covestro AG is a leading global manufacturer of high-performance polymer materials. Established in 2015 following its spin-off from Bayer MaterialScience, the company builds on a legacy of innovation dating back to the early 20th century. Covestro develops and produces a wide range of plastics and coatings designed to meet the evolving needs of various industrial sectors.
The company’s core product portfolio includes polyurethanes, polycarbonates and specialty coatings, adhesives, sealants and elastomers.
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