Evonik Industries (FRA:EVK) Stock Price Passes Below 50 Day Moving Average – Time to Sell?

Shares of Evonik Industries AG (FRA:EVKGet Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of €13.96 and traded as low as €13.38. Evonik Industries shares last traded at €13.84, with a volume of 1,484,727 shares trading hands.

Evonik Industries Stock Performance

The business has a 50 day moving average price of €13.98 and a 200-day moving average price of €14.40.

About Evonik Industries

(Get Free Report)

Evonik Industries AG produces specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America. It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure segments. The Specialty Additives segment provides additives for polyurethane; additives, matting agents, fumed silicas, and specialty resins for paints, coatings, and printing inks; isophorone and epoxy curing agents for coatings, adhesives, and composites; and pour-point depressants, and viscosity index improvers for coatings for oil and other lubricants for construction machinery and automotive sector.

See Also

Receive News & Ratings for Evonik Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evonik Industries and related companies with MarketBeat.com's FREE daily email newsletter.