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Basf (ETR:BAS) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Basf logo with Basic Materials background
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Shares of Basf Se (ETR:BAS - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €45.71 ($49.68) and traded as high as €52.76 ($57.35). Basf shares last traded at €52.18 ($56.72), with a volume of 2,701,102 shares trading hands.

Basf Trading Down 2.8 %

The company has a current ratio of 1.87, a quick ratio of 1.02 and a debt-to-equity ratio of 64.22. The business has a 50 day moving average of €48.16 and a 200-day moving average of €45.71. The stock has a market cap of $47.49 billion, a PE ratio of 95.21, a price-to-earnings-growth ratio of 0.25 and a beta of 1.21.

Basf Company Profile

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BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries.

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