Basf (ETR:BAS) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Basf Se (ETR:BAS) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €47.74 and traded as high as €52.13. Basf shares last traded at €51.67, with a volume of 3,001,941 shares trading hands.

Basf Stock Down 0.4%

The business has a fifty day simple moving average of €51.84 and a two-hundred day simple moving average of €47.74. The company has a current ratio of 1.91, a quick ratio of 1.02 and a debt-to-equity ratio of 69.04. The company has a market cap of $48.38 billion, a PE ratio of 97.00, a price-to-earnings-growth ratio of 0.25 and a beta of 0.74.

About Basf

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries. The Industrial Solutions segment develops and markets ingredients and additives for industrial applications, such as polymer dispersions, resins, additives, electronic materials, and antioxidants for automotive, plastics, paints and coatings, electronics, and energy and resource industries.