Basf (ETR:BAS) Share Price Passes Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• BASF SE's stock price has fallen below its two hundred-day moving average, currently at €45.01 ($52.34), reaching a low of €44.57 ($51.83) during trading.
• The stock is down 1.6%, with a recent trading price of €45.48 ($52.88) and a trading volume of over 2.1 million shares.
• BASF SE has a significant debt-to-equity ratio of 64.22 and a market capitalization of $41.90 billion, indicating potential financial concerns.

Basf Se (ETR:BAS - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €45.01 ($52.95) and traded as low as €44.57 ($52.44). Basf shares last traded at €45.48 ($53.51), with a volume of 2,142,146 shares traded.

Basf Price Performance

The company has a debt-to-equity ratio of 64.22, a current ratio of 1.87 and a quick ratio of 1.02. The company has a 50-day simple moving average of €43.08 and a two-hundred day simple moving average of €44.99. 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.

About Basf

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.