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Wacker Chemie (ETR:WCH) Stock Price Down 4.1% - Here's What Happened

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Shares of Wacker Chemie AG (ETR:WCH - Get Free Report) traded down 4.1% during mid-day trading on Wednesday . The company traded as low as €65.26 ($70.93) and last traded at €65.72 ($71.43). 207,025 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 218,420 shares. The stock had previously closed at €68.54 ($74.50).

Wacker Chemie Stock Performance

The company has a market capitalization of $4.12 billion, a P/E ratio of 39.99, a PEG ratio of -0.41 and a beta of 1.24. The company has a debt-to-equity ratio of 40.32, a quick ratio of 1.55 and a current ratio of 2.58. The stock's fifty day moving average price is €68.39 and its 200-day moving average price is €75.68.

About Wacker Chemie

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Wacker Chemie AG, together with its subsidiaries, provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silica.

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