Wacker Chemie (ETR:WCH) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Shares of Wacker Chemie AG (ETR:WCHGet Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of €89.17 and traded as high as €102.70. Wacker Chemie shares last traded at €101.70, with a volume of 88,465 shares.

Wacker Chemie Trading Down 2.1%

The stock has a market cap of $5.27 billion, a P/E ratio of 51.18, a price-to-earnings-growth ratio of -0.41 and a beta of 0.71. The stock’s 50-day moving average is €89.58 and its 200-day moving average is €77.48.

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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