Brenntag (ETR:BNR) Shares Up 2.4% – Here’s Why

Brenntag SE (ETR:BNRGet Free Report) shares rose 2.4% on Wednesday . The stock traded as high as €60.60 and last traded at €59.66. Approximately 430,960 shares were traded during trading, The stock had previously closed at €58.26.

Brenntag Price Performance

The business’s fifty day moving average is €56.86 and its 200-day moving average is €54.71. The company has a debt-to-equity ratio of 75.44, a current ratio of 1.74 and a quick ratio of 1.19. The firm has a market cap of $8.90 billion, a PE ratio of 16.31, a P/E/G ratio of 0.39 and a beta of 0.51.

About Brenntag

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Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling. The company serves customers in various end-market industries, including nutrition, pharma, personal care, water treatment, and lubricants; and home, industrial, and institutional markets, as well as coatings and constructions, polymers, and rubber industries.

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