Wacker Chemie (ETR:WCH) Stock Price Down 2.7% - Should You Sell?

Key Points

• Wacker Chemie AG shares fell by 2.7% during mid-day trading, reaching a low of €63.70 ($74.07), after closing at €65.50 ($76.16) previously.
• The trading volume experienced a significant decline of 59%, with 89,205 shares exchanged compared to the average session volume of 218,420 shares.
• The company's market capitalization is $3.41 billion, with key financial ratios indicating a PE ratio of 33.08 and a debt-to-equity ratio of 40.32.

Wacker Chemie AG (ETR:WCH - ) shares traded down 2.7% during mid-day trading on Wednesday . The stock traded as low as €63.70 ($74.07) and last traded at €63.70 ($74.07). 89,205 shares changed hands during trading, a decline of 59% from the average session volume of 218,420 shares. The stock had previously closed at €65.50 ($76.16).

Wacker Chemie Stock Performance

The business's fifty day moving average is €65.20 and its two-hundred day moving average is €65.19. The stock has a market capitalization of $3.41 billion, a PE ratio of 33.08, a price-to-earnings-growth ratio of -0.41 and a beta of 1.24. The company has a quick ratio of 1.55, a current ratio of 2.58 and a debt-to-equity ratio of 40.32.

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.

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