Brenntag (OTCMKTS:BNTGY) Hits New 1-Year Low – Here’s Why

Brenntag SE (OTCMKTS:BNTGY)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $11.43 and last traded at $11.49, with a volume of 304132 shares changing hands. 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 report on Wednesday, November 13th.

Brenntag Stock Down 2.0 %

The business has a fifty day moving average of $12.43 and a 200 day moving average of $13.47. The company has a market cap of $8.29 billion, a P/E ratio of 14.19 and a beta of 1.12.

Brenntag Company Profile

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.