Evonik Industries (FRA:EVK) Trading Down 0.4% – Here’s Why

Shares of Evonik Industries AG (FRA:EVKGet Free Report) traded down 0.4% during mid-day trading on Friday . The company traded as low as €17.67 and last traded at €17.78. 922,442 shares traded hands during mid-day trading, The stock had previously closed at €17.85.

Evonik Industries Stock Up 0.2%

The business has a 50 day simple moving average of €16.22 and a 200-day simple moving average of €14.64.

Evonik Industries Company Profile

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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.

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