Shares of Covestro AG (ETR:1COV – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as €58.50 ($63.59) and last traded at €58.40 ($63.48), with a volume of 442336 shares traded. The stock had previously closed at €58.44 ($63.52).
Covestro Stock Up 0.0 %
The company has a debt-to-equity ratio of 55.84, a quick ratio of 0.85 and a current ratio of 1.71. The firm has a market capitalization of $11.03 billion, a price-to-earnings ratio of -33.77, a PEG ratio of 0.51 and a beta of 1.17. The firm has a fifty day moving average price of €55.82 and a 200 day moving average price of €52.89.
About Covestro
Covestro AG supplies high-tech polymer materials and application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications.
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