Wacker Chemie (OTCMKTS:WKCMF) Stock Crosses Below 200-Day Moving Average – Here’s Why

Wacker Chemie AG (OTCMKTS:WKCMFGet Free Report)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $90.12 and traded as low as $72.70. Wacker Chemie shares last traded at $72.70, with a volume of 3 shares changing hands.

Wacker Chemie Stock Performance

The firm’s fifty day simple moving average is $75.91 and its two-hundred day simple moving average is $89.89.

About Wacker Chemie

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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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