LANXESS Aktiengesellschaft (ETR:LXS) Stock Price Up 0.1% – Here’s Why

LANXESS Aktiengesellschaft (ETR:LXS)’s share price traded up 0.1% during mid-day trading on Friday . The stock traded as high as €23.96 ($24.70) and last traded at €23.61 ($24.34). 140,582 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 312,027 shares. The stock had previously closed at €23.58 ($24.31).

LANXESS Aktiengesellschaft Stock Performance

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 $2.04 billion, a price-to-earnings ratio of -2.48, a price-to-earnings-growth ratio of 1.12 and a beta of 1.62. The stock has a 50-day moving average price of €24.67 and a 200 day moving average price of €24.97.

LANXESS Aktiengesellschaft Company Profile

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.