Wacker Chemie (ETR:WCH) Trading Up 2.5% – Here’s What Happened

Wacker Chemie AG (ETR:WCH) shares traded up 2.5% during mid-day trading on Wednesday . The stock traded as high as €82.72 ($89.91) and last traded at €82.06 ($89.20). 115,952 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 218,420 shares. The stock had previously closed at €80.02 ($86.98).

Wacker Chemie Trading Down 1.7 %

The business has a 50 day simple moving average of €72.07 and a 200 day simple moving average of €75.36. The company has a debt-to-equity ratio of 40.32, a current ratio of 2.58 and a quick ratio of 1.55. The company has a market cap of $4.24 billion, a price-to-earnings ratio of 41.13, 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.