Wacker Chemie AG (ETR:WCH – Get Free Report) shares dropped 0.7% during trading on Monday . The company traded as low as €87.75 and last traded at €88.65. Approximately 33,899 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 218,420 shares. The stock had previously closed at €89.30.
Wacker Chemie Stock Down 1.5%
The firm has a 50-day moving average price of €94.65 and a two-hundred day moving average price of €85.97. The firm has a market cap of $4.52 billion, a price-to-earnings ratio of 43.86, a price-to-earnings-growth ratio of -0.41 and a beta of 0.70. The company has a debt-to-equity ratio of 65.82, a quick ratio of 1.55 and a current ratio of 2.99.
About Wacker Chemie
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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