Covestro AG (ETR:1COV – Get Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as €58.50 ($63.59) and last traded at €58.40 ($63.48), with a volume of 442336 shares changing hands. The stock had previously closed at €58.44 ($63.52).
Covestro Price Performance
The company has a quick ratio of 0.85, a current ratio of 1.71 and a debt-to-equity ratio of 55.84. The stock’s 50 day moving average price is €55.64 and its two-hundred day moving average price is €52.79. The firm has a market capitalization of $11.02 billion, a price-to-earnings ratio of -33.78, a P/E/G ratio of 0.51 and a beta of 1.17.
Covestro Company Profile
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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