Wacker Chemie (ETR:WCH) Shares Down 0.7% – What’s Next?

Wacker Chemie AG (ETR:WCHGet Free Report)’s share price fell 0.7% during trading on Monday . The company traded as low as €87.75 and last traded at €88.65. 33,899 shares traded hands during trading, a decline of 84% from the average daily volume of 218,420 shares. The stock had previously closed at €89.30.

Wacker Chemie Price Performance

The stock has a market cap of $4.74 billion, a P/E ratio of 46.04, a P/E/G ratio of -0.41 and a beta of 0.70. The business has a 50 day simple moving average of €94.92 and a 200-day simple moving average of €85.87. The company has a debt-to-equity ratio of 65.82, a quick ratio of 1.55 and a current ratio of 2.99.

About Wacker Chemie

(Get Free Report)

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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