Wacker Chemie (ETR:WCH) Trading Up 1.6% – Should You Buy?

Wacker Chemie AG (ETR:WCHGet Free Report)’s share price was up 1.6% on Tuesday . The company traded as high as €97.40 and last traded at €95.70. Approximately 65,556 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 218,420 shares. The stock had previously closed at €94.15.

Wacker Chemie Stock Performance

The business’s fifty day moving average price is €95.37 and its two-hundred day moving average price is €80.75. The company has a debt-to-equity ratio of 65.82, a quick ratio of 1.55 and a current ratio of 2.99. The stock has a market capitalization of $5.12 billion, a P/E ratio of 49.70, a P/E/G ratio of -0.41 and a beta of 0.71.

About Wacker Chemie

(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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