LANXESS Aktiengesellschaft (ETR:LXS) Stock Price Up 0.9% – What’s Next?

Shares of LANXESS Aktiengesellschaft (ETR:LXS) traded up 0.9% on Friday . The company traded as high as €26.50 ($27.89) and last traded at €26.36 ($27.75). 201,564 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 312,027 shares. The stock had previously closed at €26.12 ($27.49).

LANXESS Aktiengesellschaft Stock Performance

The company has a 50-day moving average of €26.20 and a 200-day moving average of €24.98. The company has a market cap of $2.28 billion, a PE ratio of -2.77, a PEG ratio of 1.12 and a beta of 1.62. The company has a quick ratio of 0.57, a current ratio of 1.77 and a debt-to-equity ratio of 65.68.

About LANXESS Aktiengesellschaft

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.