Basf (ETR:BAS) Shares Pass Above 200 Day Moving Average – Time to Sell?

Shares of Basf Se (ETR:BASGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €48.04 and traded as high as €51.42. Basf shares last traded at €50.84, with a volume of 2,090,506 shares traded.

Basf Price Performance

The stock has a 50-day simple moving average of €52.30 and a 200 day simple moving average of €48.14. The company has a debt-to-equity ratio of 69.04, a quick ratio of 1.02 and a current ratio of 1.91. The company has a market cap of $47.54 billion, a P/E ratio of 95.32, a P/E/G ratio of 0.25 and a beta of 0.74.

Basf Company Profile

(Get Free Report)

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries. The Industrial Solutions segment develops and markets ingredients and additives for industrial applications, such as polymer dispersions, resins, additives, electronic materials, and antioxidants for automotive, plastics, paints and coatings, electronics, and energy and resource industries.

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