LANXESS Aktiengesellschaft (ETR:LXS) Share Price Crosses Below Fifty Day Moving Average – Time to Sell?

LANXESS Aktiengesellschaft (ETR:LXS) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of €15.37 and traded as low as €14.72. LANXESS Aktiengesellschaft shares last traded at €15.03, with a volume of 459,491 shares changing hands.

LANXESS Aktiengesellschaft Stock Up 0.9%

The company has a debt-to-equity ratio of 85.65, a quick ratio of 0.57 and a current ratio of 1.80. The stock has a 50 day moving average price of €15.36 and a 200 day moving average price of €16.45. The company has a market cap of $1.43 billion, a P/E ratio of -1.65, a P/E/G ratio of 1.12 and a beta of 1.15.

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.