Wacker Chemie (ETR:WCH) Stock Price Down 0.7% – Here’s Why

Wacker Chemie AG (ETR:WCHGet Free Report) fell 0.7% on Monday . The stock traded as low as €87.75 and last traded at €88.65. 33,899 shares were traded during trading, a decline of 84% from the average daily volume of 218,420 shares. The stock had previously closed at €89.30.

Wacker Chemie Stock Down 0.7%

The firm has a market capitalization of $4.74 billion, a PE ratio of 46.04, a P/E/G ratio of -0.41 and a beta of 0.70. The stock has a 50-day simple moving average of €94.92 and a 200-day simple moving average of €85.87. The company has a quick ratio of 1.55, a current ratio of 2.99 and a debt-to-equity ratio of 65.82.

Wacker Chemie Company Profile

(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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