Evonik Industries (FRA:EVK) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Evonik Industries AG (FRA:EVKGet Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of €19.79 ($21.75) and traded as low as €19.30 ($21.20). Evonik Industries shares last traded at €19.33 ($21.24), with a volume of 1,274,221 shares traded.

Evonik Industries Stock Performance

The stock has a 50 day moving average price of €19.79 and a 200 day moving average price of €19.02.

About Evonik Industries

(Get Free Report)

Evonik Industries AG produces specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America. It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure segments. The Specialty Additives segment provides additives for polyurethane; additives, matting agents, fumed silicas, and specialty resins for paints, coatings, and printing inks; isophorone and epoxy curing agents for coatings, adhesives, and composites; and pour-point depressants, and viscosity index improvers for coatings for oil and other lubricants for construction machinery and automotive sector.

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