Wacker Chemie (ETR:WCH) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

Wacker Chemie AG (ETR:WCHGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of €73.23 ($80.47) and traded as low as €64.10 ($70.44). Wacker Chemie shares last traded at €65.90 ($72.42), with a volume of 453,413 shares traded.

Wacker Chemie Trading Down 5.7 %

The company’s 50 day simple moving average is €73.23 and its 200-day simple moving average is €75.09. The company has a quick ratio of 1.55, a current ratio of 2.58 and a debt-to-equity ratio of 40.32. The firm has a market cap of $3.32 billion, a P/E ratio of 32.26, a P/E/G ratio of -0.41 and a beta of 1.24.

About Wacker Chemie

(Get Free Report)

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.

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