LANXESS Aktiengesellschaft (ETR:LXS) Shares Down 3.2% – Here’s Why

LANXESS Aktiengesellschaft (ETR:LXSGet Free Report)’s share price traded down 3.2% during trading on Wednesday . The company traded as low as €27.39 ($29.77) and last traded at €27.57 ($29.97). 296,523 shares were traded during trading, a decline of 5% from the average session volume of 312,027 shares. The stock had previously closed at €28.48 ($30.96).

LANXESS Aktiengesellschaft Stock Down 1.3 %

The stock has a market cap of $2.35 billion, a price-to-earnings ratio of -2.90, a P/E/G ratio of 1.12 and a beta of 1.62. The company has a current ratio of 1.77, a quick ratio of 0.57 and a debt-to-equity ratio of 65.68. The firm’s 50 day moving average is €26.90 and its two-hundred day moving average is €25.33.

About LANXESS Aktiengesellschaft

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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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