Wacker Chemie (ETR:WCH) Stock Crosses Below 50-Day Moving Average – Here’s What Happened

Shares of Wacker Chemie AG (ETR:WCHGet Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of €91.50 and traded as low as €90.75. Wacker Chemie shares last traded at €93.10, with a volume of 57,600 shares.

Wacker Chemie Stock Performance

The company’s fifty day simple moving average is €91.38 and its 200 day simple moving average is €89.44. The firm has a market capitalization of $5.02 billion, a PE ratio of 48.77, a P/E/G ratio of -0.41 and a beta of 0.68. The company has a debt-to-equity ratio of 57.12, a current ratio of 2.67 and a quick ratio of 1.55.

Wacker Chemie Company Profile

(Get Free Report)

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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