LANXESS Aktiengesellschaft (ETR:LXS) Trading 2.2% Higher

LANXESS Aktiengesellschaft (ETR:LXS)’s stock price traded up 2.2% during mid-day trading on Tuesday . The stock traded as high as €27.78 ($29.87) and last traded at €27.51 ($29.58). 300,074 shares changed hands during mid-day trading, a decline of 4% from the average session volume of 312,027 shares. The stock had previously closed at €26.91 ($28.94).

LANXESS Aktiengesellschaft Stock Up 2.2 %

The company has a quick ratio of 0.57, a current ratio of 2.48 and a debt-to-equity ratio of 66.79. The firm has a 50 day simple moving average of €25.58 and a 200-day simple moving average of €25.19. The stock has a market cap of $2.38 billion, a P/E ratio of -2.83, a price-to-earnings-growth ratio of 1.12 and a beta of 1.67.

LANXESS Aktiengesellschaft Company Profile

LANXESS Aktiengesellschaft, together with its subsidiaries, operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide. It operates through three segments: Consumer Protection, Specialty Additives, and Advanced Intermediates.