Wacker Chemie (ETR:WCH) Shares Down 0.4% – Here’s What Happened

Wacker Chemie AG (ETR:WCHGet Free Report) dropped 0.4% on Wednesday . The company traded as low as €66.20 and last traded at €67.35. Approximately 52,950 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 218,420 shares. The stock had previously closed at €67.65.

Wacker Chemie Price Performance

The business has a 50 day simple moving average of €66.52 and a two-hundred day simple moving average of €65.47. The firm has a market capitalization of $3.61 billion, a P/E ratio of 35.03, a price-to-earnings-growth ratio of -0.41 and a beta of 1.24. The company has a debt-to-equity ratio of 40.32, a quick ratio of 1.55 and a current ratio of 2.58.

Wacker Chemie Company Profile

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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.

Further Reading

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