Evonik Industries (FRA:EVK) Trading Up 1.5% – What’s Next?

Evonik Industries AG (FRA:EVKGet Free Report)’s stock price traded up 1.5% during mid-day trading on Tuesday . The company traded as high as €16.88 ($17.40) and last traded at €16.77 ($17.29). 796,797 shares were traded during trading, The stock had previously closed at €16.52 ($17.03).

Evonik Industries Price Performance

The business’s 50-day moving average price is €17.69 and its two-hundred day moving average price is €18.99.

Evonik Industries Company Profile

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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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