LANXESS Aktiengesellschaft (ETR:LXS) Trading Down 2.2% – Time to Sell?
by Scott Moore · The Cerbat GemLANXESS Aktiengesellschaft (ETR:LXS – Get Free Report) dropped 2.2% during mid-day trading on Wednesday . The stock traded as low as €28.05 ($30.82) and last traded at €28.44 ($31.25). Approximately 312,900 shares traded hands during mid-day trading, an increase of 0% from the average daily volume of 312,027 shares. The stock had previously closed at €29.09 ($31.97).
LANXESS Aktiengesellschaft Price Performance
The company has a debt-to-equity ratio of 65.68, a current ratio of 1.77 and a quick ratio of 0.57. The firm has a market cap of $2.49 billion, a price-to-earnings ratio of -3.02, a PEG ratio of 1.12 and a beta of 1.62. The stock has a 50-day moving average price of €25.37 and a 200 day moving average price of €25.12.
LANXESS Aktiengesellschaft Company Profile
LANXESS Aktiengesellschaft, together with its subsidiaries, operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide. It operates through three segments: Consumer Protection, Specialty Additives, and Advanced Intermediates.
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