Basf (ETR:BAS) Share Price Passes Above 200-Day Moving Average of $45.28

Basf Se (ETR:BAS)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €45.28 ($49.22) and traded as high as €53.53 ($58.18). Basf shares last traded at €52.93 ($57.53), with a volume of 2,646,566 shares changing hands.

Basf Stock Performance

The stock has a market capitalization of $47.24 billion, a P/E ratio of 211.72, a P/E/G ratio of 0.37 and a beta of 1.26. The company has a quick ratio of 1.02, a current ratio of 1.98 and a debt-to-equity ratio of 58.25. The business has a fifty day moving average price of €47.22 and a 200-day moving average price of €45.34.

About Basf

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries.