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LANXESS Aktiengesellschaft (ETR:LXS) Trading 0.6% Higher - Time to Buy?

LANXESS Aktiengesellschaft logo with Basic Materials background

LANXESS Aktiengesellschaft (ETR:LXS - Get Free Report) shares shot up 0.6% on Thursday . The company traded as high as €30.53 ($33.18) and last traded at €30.33 ($32.97). 494,023 shares were traded during mid-day trading, an increase of 58% from the average session volume of 312,027 shares. The stock had previously closed at €30.14 ($32.76).

LANXESS Aktiengesellschaft Stock Performance

The stock's 50 day moving average price is €28.69 and its 200-day moving average price is €26.70. The company has a market cap of $2.63 billion, a PE ratio of -3.03, a PEG ratio of 1.12 and a beta of 1.62.

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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