Wacker Chemie (ETR:WCH) Sets New 52-Week Low – Here’s Why

Wacker Chemie AG (ETR:WCHGet Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as €73.72 ($77.60) and last traded at €74.08 ($77.98), with a volume of 154277 shares. The stock had previously closed at €75.56 ($79.54).

Wacker Chemie Stock Performance

The stock’s fifty day simple moving average is €78.73 and its 200-day simple moving average is €87.90. The company has a current ratio of 2.58, a quick ratio of 1.55 and a debt-to-equity ratio of 38.96. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 4.92, a price-to-earnings-growth ratio of -0.41 and a beta of 1.24.

About Wacker Chemie

(Get Free Report)

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.

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