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Basf (ETR:BAS) Stock Price Crosses Below Two Hundred Day Moving Average - Time to Sell?

Basf logo with Basic Materials background

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.
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Basf Se (ETR:BAS - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €45.01 ($52.34) and traded as low as €44.57 ($51.83). Basf shares last traded at €45.48 ($52.88), with a volume of 2,142,146 shares changing hands.

Basf Stock Down 1.6%

The firm has a 50 day simple moving average of €42.82 and a two-hundred day simple moving average of €45.01. 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 stock has a market cap of $41.90 billion, a price-to-earnings ratio of 84.00, a price-to-earnings-growth ratio of 0.25 and a beta of 1.21.

Basf Company Profile

(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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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