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Covestro (ETR:1COV) Stock Price Up 0.1% - Here's What Happened

Covestro logo with Basic Materials background

Covestro AG (ETR:1COV - Get Free Report) shares rose 0.1% during trading on Friday . The company traded as high as €60.64 ($70.51) and last traded at €60.58 ($70.44). Approximately 11,388 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 917,794 shares. The stock had previously closed at €60.54 ($70.40).

Covestro Trading Down 0.1%

The company has a market cap of $11.43 billion, a PE ratio of -34.99, a PEG ratio of 0.51 and a beta of 1.17. The company has a current ratio of 1.71, a quick ratio of 0.85 and a debt-to-equity ratio of 55.84. The stock has a 50 day moving average price of €60.02 and a 200 day moving average price of €58.59.

About Covestro

(Get Free Report)

Covestro AG supplies high-tech polymer materials and application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications.

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