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LANXESS Aktiengesellschaft (ETR:LXS) Stock Price Down 3.2% - Here's Why

LANXESS Aktiengesellschaft logo with Basic Materials background

LANXESS Aktiengesellschaft (ETR:LXS - Get Free Report)'s share price traded down 3.2% on Wednesday . The company traded as low as €27.39 ($29.77) and last traded at €27.57 ($29.97). 296,523 shares were traded during trading, a decline of 5% from the average session volume of 312,027 shares. The stock had previously closed at €28.48 ($30.96).

LANXESS Aktiengesellschaft Trading Down 1.3 %

The company has a market cap of $2.35 billion, a PE ratio of -2.86, a price-to-earnings-growth ratio of 1.12 and a beta of 1.62. The business has a 50 day simple moving average of €26.96 and a two-hundred day simple moving average of €25.35. The company has a current ratio of 1.77, a quick ratio of 0.57 and a debt-to-equity ratio of 65.68.

About LANXESS Aktiengesellschaft

(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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