Covestro AG (ETR:1COV – Get Free Report) shares dropped 0.2% during trading on Wednesday. The company traded as low as €60.10 and last traded at €60.10. Approximately 1,273 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 917,794 shares. The stock had previously closed at €60.20.
Covestro Stock Down 0.2%
The company has a quick ratio of 0.85, a current ratio of 1.71 and a debt-to-equity ratio of 55.84. The company has a market capitalization of $11.34 billion, a P/E ratio of -34.74, a price-to-earnings-growth ratio of 0.51 and a beta of 1.17. The company has a 50-day moving average of €60.09 and a two-hundred day moving average of €60.02.
Covestro Company Profile
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.
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