LANXESS Aktiengesellschaft (ETR:LXS) Shares Down 2.2% – Here’s What Happened

LANXESS Aktiengesellschaft (ETR:LXSGet Free Report)’s stock price traded down 2.2% during trading on Wednesday . The company traded as low as €28.05 ($30.82) and last traded at €28.44 ($31.25). 312,900 shares traded hands during mid-day trading, an increase of 0% from the average session volume of 312,027 shares. The stock had previously closed at €29.09 ($31.97).

LANXESS Aktiengesellschaft Price Performance

The firm has a market capitalization of $2.49 billion, a price-to-earnings ratio of -3.02, a price-to-earnings-growth ratio of 1.12 and a beta of 1.62. The stock’s fifty day moving average price is €25.37 and its two-hundred day moving average price is €25.12. The company has a current ratio of 1.77, a quick ratio of 0.57 and a debt-to-equity ratio of 65.68.

LANXESS Aktiengesellschaft Company Profile

(Get Free Report)

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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