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LANXESS Aktiengesellschaft (ETR:LXS) Shares Down 2.2% - What's Next?

LANXESS Aktiengesellschaft logo with Basic Materials background

LANXESS Aktiengesellschaft (ETR:LXS - Get Free Report)'s share price dropped 2.2% during trading on Wednesday . The stock traded as low as €28.05 ($30.82) and last traded at €28.44 ($31.25). Approximately 312,900 shares changed hands during trading, an increase of 0% from the average daily volume of 312,027 shares. The stock had previously closed at €29.09 ($31.97).

LANXESS Aktiengesellschaft Trading Down 2.2 %

The company has a current ratio of 1.77, a quick ratio of 0.57 and a debt-to-equity ratio of 65.68. The company has a 50 day moving average of €25.27 and a 200 day moving average of €25.09. The firm has a market cap of $2.46 billion, a price-to-earnings ratio of -2.99, a price-to-earnings-growth ratio of 1.12 and a beta of 1.62.

LANXESS Aktiengesellschaft Company Profile

(Get Free Report)

LANXESS Aktiengesellschaft, together with its subsidiaries, operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide. It operates through three segments: Consumer Protection, Specialty Additives, and Advanced Intermediates.

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