Shares of Covestro AG (ETR:1COV - Get Free Report) were up 0.2% on Friday . The stock traded as high as €60.10 ($69.08) and last traded at €60.02 ($68.99). Approximately 13,986 shares traded hands during trading, a decline of 98% from the average daily volume of 917,794 shares. The stock had previously closed at €59.90 ($68.85).
Covestro Stock Performance
The firm has a 50-day moving average of €59.06 and a two-hundred day moving average of €58.05. The company has a quick ratio of 0.85, a current ratio of 1.71 and a debt-to-equity ratio of 55.84. The company has a market capitalization of $11.34 billion, a PE ratio of -34.74, a PEG ratio of 0.51 and a beta of 1.17.
About Covestro
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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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