Shares of Covestro AG (ETR:1COV – Get Free Report) traded up 0.1% on Friday . The stock traded as high as €58.68 ($63.78) and last traded at €58.50 ($63.59). 95,800 shares traded hands during trading, a decline of 90% from the average session volume of 917,794 shares. The stock had previously closed at €58.44 ($63.52).
Covestro Price Performance
The stock has a market capitalization of $10.99 billion, a price-to-earnings ratio of -33.65, a P/E/G ratio of 0.51 and a beta of 1.17. The company has a quick ratio of 0.85, a current ratio of 1.71 and a debt-to-equity ratio of 55.84. The stock has a fifty day moving average of €57.91 and a 200-day moving average of €57.41.
Covestro Company Profile
Covestro AG supplies high-tech polymer materials and application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications.
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