Covestro (OTCMKTS:COVTY - Get Free Report) released its quarterly earnings data on Tuesday. The company reported ($0.45) earnings per share for the quarter, Zacks reports.
Covestro Stock Up 2.7 %
Covestro stock opened at $33.27 on Tuesday. The firm has a market cap of $12.57 billion, a P/E ratio of -44.35 and a beta of 1.08. Covestro has a twelve month low of $25.45 and a twelve month high of $33.83. The business has a fifty day moving average of $32.11 and a two-hundred day moving average of $30.78.
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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