Covestro AG (ETR:1COV – Get Free Report)’s stock price was up 1.2% during trading on Wednesday . The stock traded as high as €60.48 and last traded at €60.34. Approximately 6,346 shares were traded during trading, a decline of 99% from the average daily volume of 917,794 shares. The stock had previously closed at €59.62.
Covestro Stock Performance
The company has a debt-to-equity ratio of 55.84, a current ratio of 1.71 and a quick ratio of 0.85. The firm has a market capitalization of $11.42 billion, a P/E ratio of -34.97, a P/E/G ratio of 0.51 and a beta of 1.17. The stock’s 50 day moving average is €58.94 and its two-hundred day moving average is €59.58.
Covestro Company Profile
Covestro AG supplies high-tech polymer materials and application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications.
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