Shares of Covestro AG (ETR:1COV – Get Free Report) were down 0.5% during mid-day trading on Wednesday. The company traded as low as €59.10 and last traded at €59.70. Approximately 4,048 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 917,794 shares. The stock had previously closed at €60.00.
Covestro Stock Down 0.5%
The firm has a market cap of $11.27 billion, a PE ratio of -34.51, a PEG ratio of 0.51 and a beta of 1.17. The company has a current ratio of 1.71, a quick ratio of 0.85 and a debt-to-equity ratio of 55.84. The firm has a 50 day moving average price of €59.99 and a 200-day moving average price of €60.00.
About Covestro
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.
See Also
- Five stocks we like better than Covestro
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
Receive News & Ratings for Covestro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Covestro and related companies with MarketBeat.com's FREE daily email newsletter.
