Brenntag (ETR:BNR) Trading 2.4% Higher – What’s Next?
by Tristan Rich · The Markets DailyBrenntag SE (ETR:BNR – Get Free Report)’s stock price was up 2.4% during trading on Wednesday . The company traded as high as €60.60 and last traded at €59.66. Approximately 430,960 shares changed hands during trading, The stock had previously closed at €58.26.
Brenntag Stock Up 2.4%
The firm has a market capitalization of $8.89 billion, a PE ratio of 16.30, a P/E/G ratio of 0.39 and a beta of 0.51. The company has a debt-to-equity ratio of 75.44, a current ratio of 1.74 and a quick ratio of 1.19. The company has a 50-day moving average price of €56.92 and a 200 day moving average price of €54.64.
Brenntag Company Profile
Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling. The company serves customers in various end-market industries, including nutrition, pharma, personal care, water treatment, and lubricants; and home, industrial, and institutional markets, as well as coatings and constructions, polymers, and rubber industries.