Covestro AG (OTCMKTS:COVTY – Get Free Report)’s stock price traded up 0.8% during mid-day trading on Thursday . The stock traded as high as $25.39 and last traded at $25.32. 24,812 shares were traded during trading, an increase of 71% from the average session volume of 14,513 shares. The stock had previously closed at $25.11.
Covestro Stock Performance
The stock has a 50-day simple moving average of $26.73 and a 200 day simple moving average of $26.72. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.81 and a quick ratio of 1.08.
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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