LANXESS Aktiengesellschaft (ETR:LXS) Trading Down 0.2% - Here's Why

Key Points

• LANXESS Aktiengesellschaft shares fell 0.2% on Wednesday, with the last traded price at €21.08 ($24.51) following a low of €20.84.
• The company's market capitalization stands at $1.91 billion and it has a PE ratio of -2.20, indicating negative earnings.
• LANXESS operates in the specialty chemicals sector, focusing on chemical intermediates, additives, and consumer protection products.

LANXESS Aktiengesellschaft (ETR:LXS - ) shares fell 0.2% during trading on Wednesday . The company traded as low as €20.84 ($24.23) and last traded at €21.08 ($24.51). 355,215 shares were traded during trading, an increase of 14% from the average session volume of 312,027 shares. The stock had previously closed at €21.12 ($24.56).

LANXESS Aktiengesellschaft Stock Down 0.2%

The stock has a 50-day moving average of €23.54 and a 200-day moving average of €25.09. The company has a market cap of $1.91 billion, a PE ratio of -2.20, a P/E/G ratio of 1.12 and a beta of 1.62.

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.

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