Basf (ETR:BAS) Stock Passes Above 200 Day Moving Average – Time to Sell?

Basf Se (ETR:BAS)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €44.62 and traded as high as €50.48. Basf shares last traded at €49.91, with a volume of 3,246,311 shares.

Basf Trading Up 0.4%

The company has a market cap of $45.77 billion, a price-to-earnings ratio of 91.78, a P/E/G ratio of 0.25 and a beta of 1.21. The company has a debt-to-equity ratio of 64.22, a current ratio of 1.87 and a quick ratio of 1.02. The firm’s fifty day moving average price is €46.10 and its 200-day moving average price is €44.67.

About Basf

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries. The Industrial Solutions segment develops and markets ingredients and additives for industrial applications, such as polymer dispersions, resins, additives, electronic materials, and antioxidants for automotive, plastics, paints and coatings, electronics, and energy and resource industries.