Wacker Chemie AG (ETR:WCH – Get Free Report)’s share price fell 2% on Tuesday. The stock traded as low as €86.80 and last traded at €87.20. Approximately 47,439 shares changed hands during trading, a decline of 78% from the average daily volume of 218,420 shares. The stock had previously closed at €89.00.
Wacker Chemie Stock Performance
The company has a market capitalization of $4.66 billion, a price-to-earnings ratio of 45.29, a PEG ratio of -0.41 and a beta of 0.68. The stock has a fifty day moving average price of €90.52 and a two-hundred day moving average price of €92.07. The company has a quick ratio of 1.55, a current ratio of 2.67 and a debt-to-equity ratio of 57.12.
Wacker Chemie Company Profile
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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