Evonik Industries (FRA:EVK) Shares Climb 1.8% – What’s Next?

Evonik Industries AG (FRA:EVK – Get Free Report) was up 1.8% on Monday. The stock traded as high as €21.64 and last traded at €21.36. Approximately 1,647,991 shares traded hands during trading, The stock had previously closed at €20.98.

Evonik Industries Price Performance

The business has a 50-day simple moving average of €18.74 and a two-hundred day simple moving average of €17.45.

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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