Wacker Chemie (ETR:WCH) Stock Price Up 1.6% – Should You Buy?

Wacker Chemie AG (ETR:WCHGet Free Report) shares rose 1.6% on Wednesday . The company traded as high as €65.86 ($68.60) and last traded at €64.80 ($67.50). Approximately 81,654 shares changed hands during trading, a decline of 63% from the average daily volume of 218,420 shares. The stock had previously closed at €63.78 ($66.44).

Wacker Chemie Stock Performance

The stock has a market capitalization of $3.35 billion, a price-to-earnings ratio of 4.36, a P/E/G ratio of -0.41 and a beta of 1.24. 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 firm has a 50-day moving average of €70.10 and a 200-day moving average of €81.50.

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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