Shares of Wacker Chemie AG (ETR:WCH – Get Free Report) were up 0.4% on Wednesday . The company traded as high as €70.10 and last traded at €68.75. Approximately 70,871 shares changed hands during trading, a decline of 68% from the average daily volume of 218,420 shares. The stock had previously closed at €68.50.
Wacker Chemie Trading Up 0.7%
The business has a 50 day simple moving average of €67.06 and a 200 day simple moving average of €65.79. The company has a debt-to-equity ratio of 40.32, a current ratio of 2.58 and a quick ratio of 1.55. The company has a market cap of $3.65 billion, a price-to-earnings ratio of 35.39, a price-to-earnings-growth ratio of -0.41 and a beta of 1.24.
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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