Basf (ETR:BAS) Stock Passes Above 200-Day Moving Average - Here's Why

Key Points

• BASF's stock price surpassed its 200-day moving average of €43.36, reaching a high of €44.00 during trading.
• The company's market capitalization stands at $40.93 billion, with a PE ratio of 82.07 and a debt-to-equity ratio of 64.22.
• BASF operates as a chemical company worldwide, with six distinct segments including Chemicals, Materials, and Agricultural Solutions.

Basf Se (ETR:BAS - )'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €43.36 ($50.42) and traded as high as €44.00 ($51.16). Basf shares last traded at €43.71 ($50.83), with a volume of 3,159,595 shares changing hands.

Basf Stock Up 0.0%

The company has a 50-day moving average price of €44.12 and a 200 day moving average price of €43.36. The firm has a market capitalization of $40.93 billion, a PE ratio of 82.07, a P/E/G ratio of 0.25 and a beta of 1.21. The company has a debt-to-equity ratio of 64.22, a current ratio of 1.87 and a quick ratio of 1.02.

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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