Brenntag (OTCMKTS:BNTGY) Sets New 1-Year Low – Here’s What Happened

Brenntag SE (OTCMKTS:BNTGY)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as $11.78 and last traded at $11.93, with a volume of 94376 shares trading hands. The stock had previously closed at $12.15.

Wall Street Analysts Forecast Growth

Separately, Citigroup lowered shares of Brenntag from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 13th.

Brenntag Stock Performance

The stock has a market capitalization of $8.58 billion, a P/E ratio of 14.67 and a beta of 1.11. The stock has a 50-day moving average price of $12.92 and a two-hundred day moving average price of $13.70.

About Brenntag

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.