LANXESS Aktiengesellschaft (ETR:LXS) Shares Up 0.9% – Time to Buy?

Shares of LANXESS Aktiengesellschaft (ETR:LXSGet Free Report) traded up 0.9% during trading on Friday . The company traded as high as €26.50 ($27.89) and last traded at €26.36 ($27.75). 201,564 shares changed hands during mid-day trading, a decline of 35% from the average session volume of 312,027 shares. The stock had previously closed at €26.12 ($27.49).

LANXESS Aktiengesellschaft Trading Down 3.1 %

The firm’s 50 day moving average is €26.20 and its 200 day moving average is €24.97. The company has a debt-to-equity ratio of 65.68, a current ratio of 1.77 and a quick ratio of 0.57. The company has a market cap of $2.20 billion, a PE ratio of -2.68, a PEG ratio of 1.12 and a beta of 1.62.

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.

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