Covestro (ETR:1COV) Stock Price Up 0.1% – What’s Next?

Covestro AG (ETR:1COV) shares traded up 0.1% on Monday . The company traded as high as €57.66 ($61.34) and last traded at €57.52 ($61.19). 636,217 shares were traded during mid-day trading, a decline of 31% from the average session volume of 917,794 shares. The stock had previously closed at €57.48 ($61.15).

Covestro Stock Up 0.1 %

The company has a current ratio of 1.71, a quick ratio of 0.85 and a debt-to-equity ratio of 55.84. The stock has a market cap of $10.86 billion, a P/E ratio of -33.25, a PEG ratio of 0.51 and a beta of 1.17. The firm has a 50-day simple moving average of €56.89 and a two-hundred day simple moving average of €53.61.

About Covestro

Covestro AG supplies high-tech polymer materials and application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications.