Basf (ETR:BAS) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Basf Se (ETR:BAS)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €44.62 and traded as high as €50.48. Basf shares last traded at €49.91, with a volume of 3,246,311 shares changing hands.

Basf Stock Down 2.4%

The company has a debt-to-equity ratio of 64.22, a current ratio of 1.87 and a quick ratio of 1.02. The company has a market capitalization of $45.59 billion, a price-to-earnings ratio of 91.40, a PEG ratio of 0.25 and a beta of 1.21. The firm has a 50-day moving average price of €46.02 and a two-hundred day moving average price of €44.62.

About Basf

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.