Wacker Chemie (ETR:WCH) Share Price Passes Below 50 Day Moving Average – What’s Next?

Wacker Chemie AG (ETR:WCHGet Free Report) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of €73.74 and traded as low as €69.50. Wacker Chemie shares last traded at €73.80, with a volume of 124,734 shares trading hands.

Wacker Chemie Price Performance

The company has a debt-to-equity ratio of 45.37, a current ratio of 3.02 and a quick ratio of 1.55. The company’s 50 day moving average price is €73.74 and its 200 day moving average price is €68.85. The firm has a market capitalization of $3.84 billion, a P/E ratio of 37.26, a PEG ratio of -0.41 and a beta of 0.76.

Wacker Chemie Company Profile

(Get Free Report)

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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