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Basf (ETR:BAS) Share Price Crosses Above 200-Day Moving Average - Time to Sell?

Basf logo with Basic Materials background
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Key Points

  • Technical breakout: Basf shares crossed above their 200-day moving average, trading as high as €53.58 versus the 200‑day MA of €45.63 on Friday with roughly 3.87 million shares changing hands.
  • Valuation and balance-sheet snapshot: The stock has a market cap of $51.21 billion, a P/E of 102.68 and PEG of 0.25, with a debt-to-equity ratio of 73.57 and a current ratio of 1.93.
  • Company profile: BASF is a global chemical company operating six segments, including Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions.
  • Five stocks we like better than Basf.

Basf Se (ETR:BAS - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €45.63 and traded as high as €53.58. Basf shares last traded at €53.58, with a volume of 3,869,961 shares changing hands.

Basf Price Performance

The business's 50-day moving average price is €49.04 and its 200 day moving average price is €45.63. The stock has a market capitalization of $51.21 billion, a PE ratio of 102.68, a price-to-earnings-growth ratio of 0.25 and a beta of 0.91. The company has a debt-to-equity ratio of 73.57, a quick ratio of 1.02 and a current ratio of 1.93.

About Basf

(Get Free Report)

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries. The Industrial Solutions segment develops and markets ingredients and additives for industrial applications, such as polymer dispersions, resins, additives, electronic materials, and antioxidants for automotive, plastics, paints and coatings, electronics, and energy and resource industries.

Further Reading

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