LANXESS Aktiengesellschaft (ETR:LXS) Shares Down 0% – Time to Sell?

Shares of LANXESS Aktiengesellschaft (ETR:LXS) dropped 0% during mid-day trading on Friday . The company traded as low as €24.99 ($26.31) and last traded at €24.99 ($26.31). Approximately 197,704 shares were traded during trading, a decline of 37% from the average daily volume of 312,027 shares. The stock had previously closed at €25.00 ($26.32).

LANXESS Aktiengesellschaft Trading Down 0.0 %

The company has a debt-to-equity ratio of 65.68, a quick ratio of 0.57 and a current ratio of 1.77. The company’s 50 day moving average is €24.23 and its 200 day moving average is €25.10. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of -2.63, 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.