Wacker Chemie AG (ETR:WCH – Get Free Report) shares rose 2% during trading on Wednesday . The stock traded as high as €71.60 and last traded at €71.60. Approximately 90,703 shares traded hands during mid-day trading, a decline of 58% from the average daily volume of 218,420 shares. The stock had previously closed at €70.20.
Wacker Chemie Price Performance
The firm has a market cap of $3.71 billion, a PE ratio of 36.04, a P/E/G ratio of -0.41 and a beta of 1.24. The stock’s fifty day moving average price is €67.57 and its 200-day moving average price is €66.43. The company has a debt-to-equity ratio of 40.32, a quick ratio of 1.55 and a current ratio of 2.58.
About Wacker Chemie
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. The Wacker Polymers division provides binders and polymeric additives, such as dispersible polymer powder and vinyl acetate-ethylene dispersions, which are used in construction, paper, adhesive, paint, coating, and basic chemical industries.
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