Wacker Chemie (ETR:WCH) Shares Down 1.1% – Should You Sell?

Wacker Chemie AG (ETR:WCHGet Free Report) was down 1.1% during mid-day trading on Monday . The company traded as low as €62.10 ($70.57) and last traded at €62.10 ($70.57). Approximately 82,399 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 218,420 shares. The stock had previously closed at €62.80 ($71.36).

Wacker Chemie Trading Down 1.1%

The company has a quick ratio of 1.55, a current ratio of 2.58 and a debt-to-equity ratio of 40.32. The business has a 50-day simple moving average of €64.48 and a 200-day simple moving average of €68.95. The company has a market cap of $3.32 billion, a PE ratio of 32.25, 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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