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Wacker Chemie (ETR:WCH) Trading Up 1.9% - Still a Buy?

Wacker Chemie logo with Basic Materials background

Wacker Chemie AG (ETR:WCH - Get Free Report) shares shot up 1.9% during trading on Monday . The stock traded as high as €64.60 ($76.00) and last traded at €64.10 ($75.41). 125,261 shares traded hands during trading, a decline of 43% from the average session volume of 218,420 shares. The stock had previously closed at €62.90 ($74.00).

Wacker Chemie Price Performance

The company has a fifty day simple moving average of €64.18 and a 200 day simple moving average of €67.93. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of 33.29, a P/E/G ratio of -0.41 and a beta of 1.24. The company has a debt-to-equity ratio of 40.32, a quick ratio of 1.55 and a current ratio of 2.58.

About Wacker Chemie

(Get Free Report)

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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