Wacker Chemie (ETR:WCH) Stock Price Up 2.5% – Here’s What Happened

Wacker Chemie AG (ETR:WCHGet Free Report) shot up 2.5% on Wednesday . The company traded as high as €82.72 ($89.91) and last traded at €82.06 ($89.20). 115,952 shares were traded during mid-day trading, a decline of 47% from the average session volume of 218,420 shares. The stock had previously closed at €80.02 ($86.98).

Wacker Chemie Price Performance

The stock has a market cap of $4.24 billion, a price-to-earnings ratio of 41.13, a price-to-earnings-growth ratio of -0.41 and a beta of 1.24. The company has a quick ratio of 1.55, a current ratio of 2.58 and a debt-to-equity ratio of 40.32. The company’s 50-day moving average is €72.07 and its 200-day moving average is €75.36.

Wacker Chemie Company Profile

(Get Free Report)

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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