Covestro AG Sponsored ADR (OTC:COVTY - Get Free Report)'s share price shot up 0.8% on Wednesday . The stock traded as high as $31.85 and last traded at $31.82. 1,653 shares were traded during mid-day trading, a decline of 79% from the average session volume of 7,904 shares. The stock had previously closed at $31.57.
Covestro Trading Down 1.3 %
The company's 50-day moving average is $30.88. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.93 and a current ratio of 1.68. The stock has a market cap of $11.99 billion, a price-to-earnings ratio of -42.85 and a beta of 1.05.
Covestro Company Profile
(
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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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