Wacker Chemie (ETR:WCH) Trading 2.5% Higher – Here’s What Happened

Wacker Chemie AG (ETR:WCHGet Free Report)’s share price was up 2.5% during mid-day trading on Wednesday . The company traded as high as €82.72 ($88.95) and last traded at €82.06 ($88.24). Approximately 115,952 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 218,420 shares. The stock had previously closed at €80.02 ($86.04).

Wacker Chemie Stock Performance

The company has a current ratio of 2.58, a quick ratio of 1.55 and a debt-to-equity ratio of 40.32. The firm’s fifty day moving average is €71.72 and its 200 day moving average is €75.32. The company has a market cap of $4.39 billion, a PE ratio of 42.62, a price-to-earnings-growth ratio of -0.41 and a beta of 1.24.

About Wacker Chemie

(Get Free Report)

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.

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