Covestro AG Sponsored ADR (OTCMKTS:COVTY - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The company traded as high as $34.76 and last traded at $34.48, with a volume of 2736 shares traded. The stock had previously closed at $34.44.
Covestro Trading Down 0.5%
The stock has a market cap of $13.01 billion, a P/E ratio of -31.28 and a beta of 1.04. The firm's 50 day simple moving average is $33.59 and its two-hundred day simple moving average is $31.46. The company has a quick ratio of 0.71, a current ratio of 1.32 and a debt-to-equity ratio of 0.30.
Covestro (OTCMKTS:COVTY - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported ($0.45) earnings per share for the quarter. Covestro had a negative net margin of 2.74% and a negative return on equity of 5.84%. As a group, equities research analysts predict that Covestro AG Sponsored ADR will post 0.03 earnings per share for the current fiscal year.
Covestro Company Profile
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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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