LANXESS Aktiengesellschaft (ETR:LXS) Stock Price Down 0.8% – What’s Next?

LANXESS Aktiengesellschaft (ETR:LXS) shares fell 0.8% during trading on Thursday . The stock traded as low as €15.00 and last traded at €15.28. 469,139 shares traded hands during mid-day trading, an increase of 50% from the average session volume of 312,027 shares. The stock had previously closed at €15.41.

LANXESS Aktiengesellschaft Stock Performance

The stock has a market cap of $1.38 billion, a PE ratio of -1.60, a P/E/G ratio of 1.12 and a beta of 1.16. The company has a fifty day moving average price of €17.56 and a 200 day moving average price of €17.39. The company has a quick ratio of 0.57, a current ratio of 1.68 and a debt-to-equity ratio of 71.80.

LANXESS Aktiengesellschaft Company Profile

LANXESS Aktiengesellschaft, together with its subsidiaries, operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide. It operates through three segments: Consumer Protection, Specialty Additives, and Advanced Intermediates. The Consumer Protection segment provides material protection products; disinfectant, hygiene, and preservative solutions; flavors and fragrances; liquid purification technologies for the treatment of water and other liquids; and precursors and intermediates for the agrochemicals, pharmaceuticals, and specialty chemicals industries.