Brenntag (OTCMKTS:BNTGY) Reaches New 52-Week Low – Here’s Why

Brenntag SE (OTCMKTS:BNTGY)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $11.43 and last traded at $11.49, with a volume of 304132 shares trading hands. The stock had previously closed at $11.73.

Analyst Upgrades and Downgrades

Separately, Citigroup downgraded Brenntag from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 13th.

Brenntag Trading Down 2.0 %

The stock has a 50 day moving average of $12.46 and a 200-day moving average of $13.49. The company has a market capitalization of $8.29 billion, a P/E ratio of 14.19 and a beta of 1.12.

About Brenntag

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.