LANXESS Aktiengesellschaft (ETR:LXS) Trading 0.9% Higher – Here’s Why

LANXESS Aktiengesellschaft (ETR:LXS) traded up 0.9% on Friday . The stock traded as high as €26.50 ($27.89) and last traded at €26.36 ($27.75). 201,564 shares traded hands during trading, a decline of 35% from the average session volume of 312,027 shares. The stock had previously closed at €26.12 ($27.49).

LANXESS Aktiengesellschaft Stock Up 0.9 %

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 stock’s 50-day moving average price is €26.20 and its 200-day moving average price is €24.98. The company has a market cap of $2.28 billion, a P/E ratio of -2.77, a PEG ratio of 1.12 and a beta of 1.62.

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.