Wacker Chemie (ETR:WCH) Trading 3% Higher - Here's Why

Wacker Chemie AG (ETR:WCH - Get Free Report)'s share price was up 3% on Monday . The stock traded as high as €69.30 ($78.75) and last traded at €69.30 ($78.75). Approximately 160,008 shares were traded during trading, a decline of 27% from the average daily volume of 218,420 shares. The stock had previously closed at €67.30 ($76.48).

Wacker Chemie Trading Up 3.0 %

The company's fifty day moving average price is €71.50 and its two-hundred day moving average price is €72.13. The company has a quick ratio of 1.55, a current ratio of 2.58 and a debt-to-equity ratio of 40.32. The company has a market cap of $3.71 billion, a price-to-earnings ratio of 35.99, a price-to-earnings-growth ratio of -0.41 and a beta of 1.24.

About Wacker Chemie

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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