Evonik Industries (FRA:EVK) Shares Up 1% – Still a Buy?

Evonik Industries AG (FRA:EVKGet Free Report) shot up 1% during trading on Wednesday . The company traded as high as €13.42 and last traded at €13.27. 1,383,335 shares traded hands during mid-day trading, The stock had previously closed at €13.14.

Evonik Industries Stock Up 1.0%

The business has a fifty day moving average of €13.89 and a 200 day moving average of €15.95.

Evonik Industries Company Profile

(Get Free Report)

Evonik Industries AG produces specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America. It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure segments. The Specialty Additives segment provides additives for polyurethane; additives, matting agents, fumed silicas, and specialty resins for paints, coatings, and printing inks; isophorone and epoxy curing agents for coatings, adhesives, and composites; and pour-point depressants, and viscosity index improvers for coatings for oil and other lubricants for construction machinery and automotive sector.

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