Covestro AG (ETR:1COV – Get Free Report)’s stock price traded down 0.2% during trading on Wednesday. The stock traded as low as €60.10 and last traded at €60.10. 1,273 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 917,794 shares. The stock had previously closed at €60.20.
Covestro Stock Performance
The company’s 50-day moving average price is €60.09 and its 200 day moving average price is €60.02. The stock has a market capitalization of $11.34 billion, a PE ratio of -34.74, a PEG ratio of 0.51 and a beta of 1.17. The company has a debt-to-equity ratio of 55.84, a quick ratio of 0.85 and a current ratio of 1.71.
Covestro Company Profile
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.
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