Wacker Chemie (ETR:WCH) Shares Down 2.5% - Here's What Happened

Key Points

• Wacker Chemie's stock price fell by 2.5% during trading, reaching a low of €65.30 ($75.93) and closing at €65.50 ($76.16).
• The company's market capitalization stands at $3.48 billion, with a PE ratio of 33.76 and a beta of 1.24.
• Wacker Chemie operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon, offering a diverse range of chemical products.

Shares of Wacker Chemie AG (ETR:WCH - Get Free Report) fell 2.5% during mid-day trading on Tuesday . The stock traded as low as €65.30 ($75.93) and last traded at €65.50 ($76.16). 68,926 shares traded hands during trading, a decline of 68% from the average session volume of 218,420 shares. The stock had previously closed at €67.15 ($78.08).

Wacker Chemie Stock Up 1.0%

The company has a debt-to-equity ratio of 40.32, a quick ratio of 1.55 and a current ratio of 2.58. The firm has a fifty day simple moving average of €65.18 and a 200-day simple moving average of €67.70. The company has a market capitalization of $3.52 billion, a PE ratio of 34.20, a P/E/G ratio of -0.41 and a beta of 1.24.

Wacker Chemie Company Profile

Wacker Chemie AG, together with its subsidiaries, provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silica.