Wacker Chemie (ETR:WCH) Stock Price Up 2% – What’s Next?
by Amy Steele · The Cerbat GemWacker Chemie AG (ETR:WCH – Get Free Report)’s share price shot up 2% during trading on Wednesday . The company traded as high as €71.60 and last traded at €71.60. 90,703 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 218,420 shares. The stock had previously closed at €70.20.
Wacker Chemie Stock Up 2.0%
The business’s fifty day moving average price is €67.54 and its two-hundred day moving average price is €66.34. The company has a debt-to-equity ratio of 40.32, a quick ratio of 1.55 and a current ratio of 2.58. The firm has a market capitalization of $3.83 billion, a P/E ratio of 37.19, a PEG ratio of -0.41 and a beta of 1.24.
About Wacker Chemie
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.