LANXESS Aktiengesellschaft (ETR:LXS) Stock Price Down 4.3% - Should You Sell?

LANXESS Aktiengesellschaft (ETR:LXS - Get Free Report) shares dropped 4.3% on Friday . The stock traded as low as €24.24 ($27.86) and last traded at €24.24 ($27.86). Approximately 436,010 shares changed hands during mid-day trading, an increase of 40% from the average daily volume of 312,027 shares. The stock had previously closed at €25.32 ($29.10).

LANXESS Aktiengesellschaft Price Performance

The company has a market capitalization of $2.20 billion, a price-to-earnings ratio of -2.53, a price-to-earnings-growth ratio of 1.12 and a beta of 1.62. The business has a fifty day moving average price of €26.06 and a 200 day moving average price of €26.42.

LANXESS Aktiengesellschaft Company Profile

LANXESS Aktiengesellschaft, together with its subsidiaries, operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide. It operates through three segments: Consumer Protection, Specialty Additives, and Advanced Intermediates.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.