Covestro AG (ETR:1COV – Get Free Report) was up 0.5% on Wednesday . The company traded as high as €48.84 ($51.96) and last traded at €48.73 ($51.84). Approximately 535,954 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 917,794 shares. The stock had previously closed at €48.50 ($51.60).
Covestro Price Performance
The firm has a market capitalization of $9.20 billion, a P/E ratio of -46.41, a PEG ratio of 0.51 and a beta of 1.27. The firm has a 50-day moving average of €49.64 and a 200-day moving average of €49.49. The company has a debt-to-equity ratio of 51.25, a quick ratio of 0.85 and a current ratio of 1.79.
Covestro Company Profile
Covestro AG supplies high-tech polymer materials and application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications.
Featured Articles
- Five stocks we like better than Covestro
- What Are Dividend Achievers? An Introduction
- High-Yield Texas Instruments Could Hit New Highs Soon
- What is a Death Cross in Stocks?
- Pagaya Technologies: An AI Fintech That Insiders Are Buying
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Higher Oil Prices Could Give NextEra’s Stock Earnings a Boost
Receive News & Ratings for Covestro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Covestro and related companies with MarketBeat.com's FREE daily email newsletter.
