Basf (ETR:BAS) Stock Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• BASF's stock price has crossed above its 200-day moving average of €45.04 ($52.37), reaching a high of €47.92 ($55.72) during trading.
• The company has a market capitalization of $43.22 billion and a price-to-earnings ratio of 86.65, indicating high valuation relative to earnings.
• BASF operates through six segments including Chemicals, Materials, and Agricultural Solutions, diversifying its revenue streams in the chemical industry.

Basf Se (ETR:BAS - )'s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €45.04 ($52.37) and traded as high as €47.92 ($55.72). Basf shares last traded at €47.37 ($55.08), with a volume of 1,775,552 shares traded.

Basf Price Performance

The company's 50 day moving average is €43.83 and its 200 day moving average is €45.04. The company has a current ratio of 1.87, a quick ratio of 1.02 and a debt-to-equity ratio of 64.22. The stock has a market capitalization of $43.22 billion, a price-to-earnings ratio of 86.65, a price-to-earnings-growth ratio of 0.25 and a beta of 1.21.

Basf Company Profile

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.

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