Covestro AG (ETR:1COV – Get Free Report) traded down 0.5% during trading on Wednesday . The stock traded as low as €55.78 ($56.92) and last traded at €55.78 ($56.92). 114,408 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 917,794 shares. The stock had previously closed at €56.04 ($57.18).
Covestro Stock Up 0.4 %
The firm has a market capitalization of $10.63 billion, a P/E ratio of -32.54, a PEG ratio of 0.51 and a beta of 1.17. The firm’s 50 day moving average is €57.32 and its two-hundred day moving average is €56.10. The company has a debt-to-equity ratio of 55.84, a current ratio of 1.71 and a quick ratio of 0.85.
About Covestro
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.
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