Evonik Industries (FRA:EVK) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Shares of Evonik Industries AG (FRA:EVKGet Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of €16.65 and traded as high as €17.44. Evonik Industries shares last traded at €17.28, with a volume of 1,281,280 shares.

Evonik Industries Trading Down 0.9%

The firm has a fifty day simple moving average of €16.65 and a 200-day simple moving average of €14.75.

About Evonik Industries

(Get Free Report)

Evonik Industries AG produces specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America. It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure segments. The Specialty Additives segment provides additives for polyurethane; additives, matting agents, fumed silicas, and specialty resins for paints, coatings, and printing inks; isophorone and epoxy curing agents for coatings, adhesives, and composites; and pour-point depressants, and viscosity index improvers for coatings for oil and other lubricants for construction machinery and automotive sector.

Read More

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