Basf (ETR:BAS) Share Price Passes Above 200-Day Moving Average – Here’s What Happened

Basf Se (ETR:BASGet Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €48.68 and traded as high as €49.23. Basf shares last traded at €49.17, with a volume of 1,809,135 shares changing hands.

Basf Stock Performance

The company has a current ratio of 1.91, a quick ratio of 1.02 and a debt-to-equity ratio of 69.04. The company’s fifty day moving average is €51.81 and its 200 day moving average is €48.68. The company has a market cap of $45.79 billion, a P/E ratio of 91.80, a price-to-earnings-growth ratio of 0.25 and a beta of 0.73.

Basf Company Profile

(Get Free Report)

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.

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