Covestro AG Sponsored ADR (OTC:COVTY – Get Free Report) rose 0.8% on Wednesday . The stock traded as high as $31.85 and last traded at $31.82. 1,653 shares were traded during trading, a decline of 79% from the average daily volume of 7,904 shares. The stock had previously closed at $31.57.
Covestro Trading Down 0.8 %
The company has a quick ratio of 0.93, a current ratio of 1.68 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $12.15 billion, a PE ratio of -43.42 and a beta of 1.17. The business has a 50 day moving average price of $30.84.
About Covestro
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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