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LANXESS Aktiengesellschaft (ETR:LXS) Stock Price Up 1.9% - Time to Buy?

LANXESS Aktiengesellschaft logo with Basic Materials background

LANXESS Aktiengesellschaft (ETR:LXS - Get Free Report) shares were up 1.9% on Friday . The stock traded as high as €27.14 ($31.56) and last traded at €27.00 ($31.40). Approximately 339,029 shares changed hands during trading, an increase of 9% from the average daily volume of 312,027 shares. The stock had previously closed at €26.50 ($30.81).

LANXESS Aktiengesellschaft Price Performance

The firm has a market cap of $2.33 billion, a P/E ratio of -2.69, a PEG ratio of 1.12 and a beta of 1.62. The company's 50-day moving average is €26.24 and its two-hundred day moving average is €26.49.

About LANXESS Aktiengesellschaft

(Get Free Report)

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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