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Basf (ETR:BAS) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

Basf logo with Basic Materials background
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Basf Se (ETR:BAS - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €45.42 ($49.37) and traded as high as €53.53 ($58.18). Basf shares last traded at €50.81 ($55.23), with a volume of 4,540,580 shares trading hands.

Basf Stock Up 0.4 %

The company has a debt-to-equity ratio of 64.22, a quick ratio of 1.02 and a current ratio of 1.87. The business has a 50 day simple moving average of €46.97 and a 200-day simple moving average of €45.42. The firm has a market capitalization of $47.76 billion, a price-to-earnings ratio of 95.76, a P/E/G ratio of 0.25 and a beta of 1.21.

About Basf

(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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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