LANXESS Aktiengesellschaft (OTCMKTS:LNXSF) Shares Down 8.8% – Here’s Why

LANXESS Aktiengesellschaft (OTCMKTS:LNXSFGet Free Report)’s share price dropped 8.8% on Friday . The company traded as low as $24.62 and last traded at $24.62. Approximately 250 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 728 shares. The stock had previously closed at $27.00.

LANXESS Aktiengesellschaft Price Performance

The firm’s 50 day simple moving average is $28.63 and its 200-day simple moving average is $27.60.

LANXESS Aktiengesellschaft Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for LANXESS Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LANXESS Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.