Basf (ETR:BAS) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

Basf Se (ETR:BAS)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €44.97 and traded as high as €48.86. Basf shares last traded at €48.85, with a volume of 3,194,342 shares.

Basf Price Performance

The stock has a fifty day simple moving average of €47.58 and a 200-day simple moving average of €44.97. The company has a market capitalization of $46.83 billion, a price-to-earnings ratio of 93.90, a P/E/G ratio of 0.25 and a beta of 0.91. The company has a debt-to-equity ratio of 73.57, a current ratio of 1.93 and a quick ratio of 1.02.

About Basf

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries. The Industrial Solutions segment develops and markets ingredients and additives for industrial applications, such as polymer dispersions, resins, additives, electronic materials, and antioxidants for automotive, plastics, paints and coatings, electronics, and energy and resource industries.