Wacker Chemie AG (ETR:WCH – Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of €92.32 and traded as high as €95.20. Wacker Chemie shares last traded at €93.75, with a volume of 44,633 shares trading hands.
Wacker Chemie Price Performance
The company has a current ratio of 2.67, a quick ratio of 1.55 and a debt-to-equity ratio of 57.12. The firm has a 50 day moving average price of €92.32 and a 200 day moving average price of €87.73. The stock has a market capitalization of $5.06 billion, a PE ratio of 49.10, a price-to-earnings-growth ratio of -0.41 and a beta of 0.68.
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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