Shares of Wacker Chemie AG (OTCMKTS:WKCMF – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $105.01 and traded as low as $103.99. Wacker Chemie shares last traded at $103.99, with a volume of 745 shares trading hands.
Wall Street Analysts Forecast Growth
Several research firms have commented on WKCMF. Citigroup downgraded Wacker Chemie from a “hold” rating to a “sell” rating in a report on Friday, June 5th. UBS Group lowered Wacker Chemie from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 26th. Three analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Wacker Chemie has a consensus rating of “Reduce”.
View Our Latest Report on WKCMF
Wacker Chemie Stock Performance
Wacker Chemie Company Profile
Wacker Chemie AG is a German chemical company founded in 1914 and headquartered in Munich. As a publicly traded entity, the company develops, produces and markets a wide range of chemical and biochemical products for industrial applications. With a global footprint that spans Europe, the Americas and Asia, Wacker Chemie serves customers in sectors such as construction, automotive, electronics, pharmaceuticals and renewable energy.
The company’s portfolio is structured around four core business divisions.
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