Brenntag (OTCMKTS:BNTGY) Sets New 52-Week Low – Time to Sell?

Brenntag SE (OTCMKTS:BNTGY)’s share price reached a new 52-week low on Friday . The stock traded as low as $11.43 and last traded at $11.49, with a volume of 304132 shares traded. The stock had previously closed at $11.73.

Wall Street Analysts Forecast Growth

Separately, Citigroup lowered Brenntag from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 13th.

Brenntag Stock Down 2.0 %

The stock has a market cap of $8.29 billion, a P/E ratio of 14.19 and a beta of 1.12. The company has a 50-day simple moving average of $12.43 and a two-hundred day simple moving average of $13.47.

About Brenntag

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.