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Basf (ETR:BAS) Stock Passes Above 200 Day Moving Average - Time to Sell?

Basf logo with Basic Materials background

Basf Se (ETR:BAS - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €45.92 ($49.91) and traded as high as €49.07 ($53.33). Basf shares last traded at €47.98 ($52.15), with a volume of 3,931,775 shares changing hands.

Basf Stock Performance

The company's 50-day moving average price is €49.12 and its 200 day moving average price is €46.03. The stock has a market capitalization of $43.67 billion, a PE ratio of 87.56, a PEG ratio of 0.25 and a beta of 1.21. The company has a debt-to-equity ratio of 64.22, a quick ratio of 1.02 and a current ratio of 1.87.

Basf Company Profile

(Get Free Report)

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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