Covestro AG (ETR:1COV – Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as €55.34 ($60.15) and last traded at €55.44 ($60.26), with a volume of 563779 shares traded. The stock had previously closed at €55.00 ($59.78).
Covestro Price Performance
The firm has a market cap of $10.46 billion, a PE ratio of -52.38, a P/E/G ratio of 0.51 and a beta of 1.28. The firm’s fifty day simple moving average is €51.51 and its two-hundred day simple moving average is €49.98. The company has a quick ratio of 0.85, a current ratio of 1.78 and a debt-to-equity ratio of 51.75.
About Covestro
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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