Basf (ETR:BAS) Stock Price Breaks Below 200-Day Moving Average – Time to Sell?

Basf Se (ETR:BAS – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of €50.84 and traded as low as €49.16. Basf shares last traded at €49.40, with a volume of 2,039,701 shares changing hands.

Basf Trading Up 1.1%

The company’s 50-day moving average is €51.48 and its 200-day moving average is €50.84. The firm has a market cap of $46.74 billion, a price-to-earnings ratio of 7.50, a P/E/G ratio of 0.25 and a beta of 0.75. The company has a debt-to-equity ratio of 68.85, a quick ratio of 1.02 and a current ratio of 1.85.

Basf Company Profile

(Get Free Report)

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.

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