Covestro AG (ETR:1COV – Get Free Report)’s stock price was up 0.5% during trading on Wednesday . The stock traded as high as €48.84 ($51.96) and last traded at €48.73 ($51.84). Approximately 535,954 shares changed hands during trading, a decline of 42% from the average daily volume of 917,794 shares. The stock had previously closed at €48.50 ($51.60).
Covestro Trading Down 0.7 %
The company has a current ratio of 1.79, a quick ratio of 0.85 and a debt-to-equity ratio of 51.25. The company has a market cap of $9.01 billion, a price-to-earnings ratio of -45.49, a PEG ratio of 0.51 and a beta of 1.27. The stock has a 50-day simple moving average of €49.61 and a 200 day simple moving average of €49.47.
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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