Wacker Chemie (ETR:WCH) Trading 1.3% Higher – Should You Buy?

Shares of Wacker Chemie AG (ETR:WCH) rose 1.3% during trading on Wednesday . The stock traded as high as €85.70 and last traded at €84.10. Approximately 141,097 shares traded hands during trading, a decline of 35% from the average daily volume of 218,420 shares. The stock had previously closed at €83.05.

Wacker Chemie Trading Down 1.2%

The company has a debt-to-equity ratio of 65.81, a quick ratio of 1.55 and a current ratio of 3.06. The stock has a market cap of $4.39 billion, a price-to-earnings ratio of 42.61, a price-to-earnings-growth ratio of -0.41 and a beta of 0.81. The company’s 50 day simple moving average is €76.21 and its two-hundred day simple moving average is €70.32.

About Wacker Chemie

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.