Henkel AG & Co. (OTCMKTS:HENKY) Sees Strong Trading Volume – Here’s Why

Henkel AG & Co. (OTCMKTS:HENKY) shares saw strong trading volume on Tuesday . 526,183 shares were traded during trading, an increase of 324% from the previous session’s volume of 124,246 shares.The stock last traded at $19.48 and had previously closed at $19.71.

Henkel AG & Co. Trading Down 1.4%

The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 0.10. The firm has a fifty day simple moving average of $19.09 and a 200-day simple moving average of $18.92.

Henkel AG & Co. Company Profile

Henkel AG & Co KGaA is a German multinational company headquartered in Düsseldorf that develops, manufactures and markets a broad range of consumer and industrial products. Founded in 1876 by Fritz Henkel, the company has grown into a diversified chemical and consumer goods group organized around three global business units: Adhesive Technologies, Beauty Care and Laundry & Home Care. Henkel serves industrial clients as well as retail and professional consumers through a combination of branded consumer products and business-to-business solutions.

The Adhesive Technologies unit supplies adhesives, sealants and functional coatings for industrial applications and is a major supplier to sectors such as automotive, electronics and packaging; its portfolio includes well-known product families such as Loctite.