Basf (ETR:BAS) Stock Price Crosses Above 200 Day Moving Average - What's Next?

Key Points

• BASF SE's stock price has crossed above its 200-day moving average, indicating a potential positive trend in its market performance.
• The stock last traded at €45.00 ($52.85) with a market capitalization of $42.74 billion and a price-to-earnings ratio of 85.69.
• BASF operates globally through six segments, including Chemicals and Agricultural Solutions, providing a diverse range of products and services in the chemical industry.

Shares of Basf Se (ETR:BAS - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €44.96 ($52.89) and traded as high as €45.17 ($53.14). Basf shares last traded at €45.00 ($52.94), with a volume of 3,969,946 shares trading hands.

Basf Trading Down 0.2%

The stock has a market cap of $42.74 billion, a price-to-earnings ratio of 85.69, a PEG ratio of 0.25 and a beta of 1.21. The company has a quick ratio of 1.02, a current ratio of 1.87 and a debt-to-equity ratio of 64.22. The business's 50 day simple moving average is €42.60 and its 200 day simple moving average is €45.03.

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.