LANXESS Aktiengesellschaft (ETR:LXS) Shares Up 0.9%

LANXESS Aktiengesellschaft (ETR:LXS)’s stock price shot up 0.9% during trading on Thursday . The stock traded as high as €21.98 ($24.15) and last traded at €21.74 ($23.89). 298,762 shares traded hands during mid-day trading, a decline of 4% from the average session volume of 312,027 shares. The stock had previously closed at €21.54 ($23.67).

LANXESS Aktiengesellschaft Stock Performance

The company’s 50-day moving average price is €23.34 and its 200 day moving average price is €24.82. The company has a debt-to-equity ratio of 65.97, a quick ratio of 0.57 and a current ratio of 2.48. The stock has a market capitalization of $1.99 billion, a PE ratio of -2.10, a PEG ratio of 1.12 and a beta of 1.64.

LANXESS Aktiengesellschaft Company Profile

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.