Evonik Industries (FRA:EVK) Shares Up 0.5% – Should You Buy?

by · The Markets Daily

Shares of Evonik Industries AG (FRA:EVK – Get Free Report) shot up 0.5% during trading on Wednesday . The company traded as high as €20.16 ($22.15) and last traded at €20.10 ($22.09). 861,086 shares traded hands during mid-day trading, The stock had previously closed at €20.00 ($21.98).

Evonik Industries Stock Up 0.5 %

The firm’s fifty day moving average is €20.47 and its two-hundred day moving average is €19.70.

About Evonik Industries

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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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