Covestro AG (ETR:1COV - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €56.96 ($61.91) and traded as high as €58.94 ($64.07). Covestro shares last traded at €58.94 ($64.07), with a volume of 103,271 shares changing hands.
Covestro Trading Up 0.3 %
The company has a debt-to-equity ratio of 55.84, a quick ratio of 0.85 and a current ratio of 1.71. The company's 50-day moving average price is €57.24 and its 200-day moving average price is €57.02. The firm has a market capitalization of $11.06 billion, a PE ratio of -33.88, a PEG ratio of 0.51 and a beta of 1.17.
About Covestro
(
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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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