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Brenntag (OTCMKTS:BNTGY) Sets New 1-Year Low - Time to Sell?

Brenntag logo with Basic Materials background

Brenntag SE (OTCMKTS:BNTGY - Get Free Report)'s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $11.78 and last traded at $11.93, with a volume of 94376 shares trading hands. The stock had previously closed at $12.15.

Analyst Ratings Changes

Separately, Citigroup cut Brenntag from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, November 13th.

View Our Latest Stock Report on Brenntag

Brenntag Price Performance

The firm has a 50 day moving average of $13.02 and a two-hundred day moving average of $13.72. The stock has a market cap of $8.50 billion, a PE ratio of 14.54 and a beta of 1.11.

Brenntag Company Profile

(Get Free Report)

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.

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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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