LANXESS Aktiengesellschaft (ETR:LXS) Stock Price Down 0% – What’s Next?

LANXESS Aktiengesellschaft (ETR:LXS)’s stock price dropped 0% during mid-day trading on Friday . The stock traded as low as €24.99 ($26.31) and last traded at €24.99 ($26.31). Approximately 197,704 shares changed hands during mid-day trading, a decline of 37% from the average daily volume of 312,027 shares. The stock had previously closed at €25.00 ($26.32).

LANXESS Aktiengesellschaft Price Performance

The firm has a market capitalization of $2.20 billion, a P/E ratio of -2.68, a price-to-earnings-growth ratio of 1.12 and a beta of 1.62. The firm has a 50 day moving average price of €24.23 and a 200-day moving average price of €25.11. The company has a current ratio of 1.77, a quick ratio of 0.57 and a debt-to-equity ratio of 65.68.

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.