Covestro AG Sponsored ADR (OTCMKTS:COVTY – Get Free Report)’s share price was down 0.7% during trading on Monday . The stock traded as low as $34.00 and last traded at $34.00. 1,070 shares traded hands during mid-day trading, a decline of 14% from the average session volume of 1,240 shares. The stock had previously closed at $34.2475.
Covestro Trading Down 0.1%
The company has a debt-to-equity ratio of 0.24, a current ratio of 1.53 and a quick ratio of 0.88. The firm has a fifty day simple moving average of $34.24 and a two-hundred day simple moving average of $34.18. The firm has a market capitalization of $14.10 billion, a P/E ratio of -13.42 and a beta of 0.91.
About Covestro
Covestro AG is a Germany-based manufacturer of high-performance polymer materials. Headquartered in Leverkusen, the company develops and produces chemical materials used in industries such as automotive, construction, electronics, healthcare, furnishings and sports equipment.
Its product portfolio includes polycarbonates, polyurethane raw materials such as methylene diphenyl diisocyanate (MDI) and toluene diisocyanate (TDI), engineering plastics, coatings and adhesives materials, films, elastomers and specialty chemicals.
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