LANXESS Aktiengesellschaft (ETR:LXS) Stock Price Up 1.2% – Here’s What Happened

LANXESS Aktiengesellschaft (ETR:LXS)’s share price shot up 1.2% on Monday . The company traded as high as €15.43 and last traded at €15.30. Approximately 276,228 shares were traded during mid-day trading, a decline of 11% from the average daily volume of 312,027 shares. The stock had previously closed at €15.12.

LANXESS Aktiengesellschaft Price Performance

The company has a 50-day simple moving average of €15.96 and a 200-day simple moving average of €17.02. The stock has a market cap of $1.39 billion, a PE ratio of -1.60, a PEG ratio of 1.12 and a beta of 1.14. The company has a debt-to-equity ratio of 71.80, a current ratio of 1.68 and a quick ratio of 0.57.

LANXESS Aktiengesellschaft Company Profile

LANXESS Aktiengesellschaft, together with its subsidiaries, operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide. It operates through three segments: Consumer Protection, Specialty Additives, and Advanced Intermediates. The Consumer Protection segment provides material protection products; disinfectant, hygiene, and preservative solutions; flavors and fragrances; liquid purification technologies for the treatment of water and other liquids; and precursors and intermediates for the agrochemicals, pharmaceuticals, and specialty chemicals industries.