LANXESS Aktiengesellschaft (ETR:LXS) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Shares of LANXESS Aktiengesellschaft (ETR:LXSGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of €16.92 and traded as low as €14.46. LANXESS Aktiengesellschaft shares last traded at €15.12, with a volume of 549,859 shares.

LANXESS Aktiengesellschaft Trading Up 2.1%

The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of -1.61, a PEG ratio of 1.12 and a beta of 1.14. The company’s 50 day moving average is €16.92 and its 200 day moving average is €17.25. The company has a debt-to-equity ratio of 71.80, a quick ratio of 0.57 and a current ratio of 1.68.

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. The Consumer Protection segment provides material protection products; disinfectant, hygiene, and preservative solutions; flavors and fragrances; liquid purification technologies for the treatment of water and other liquids; and precursors and intermediates for the agrochemicals, pharmaceuticals, and specialty chemicals industries.

Further Reading

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.