Wacker Chemie (ETR:WCH) Trading Up 1.6% – Here’s What Happened

Wacker Chemie AG (ETR:WCHGet Free Report)’s stock price traded up 1.6% during trading on Tuesday . The company traded as high as €97.40 and last traded at €95.70. Approximately 65,556 shares changed hands during trading, a decline of 70% from the average daily volume of 218,420 shares. The stock had previously closed at €94.15.

Wacker Chemie Trading Up 0.4%

The company has a market cap of $5.22 billion, a P/E ratio of 50.69, a PEG ratio of -0.41 and a beta of 0.71. The firm’s 50 day moving average is €95.68 and its two-hundred day moving average is €80.97. The company has a quick ratio of 1.55, a current ratio of 2.99 and a debt-to-equity ratio of 65.82.

About Wacker Chemie

(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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