LANXESS Aktiengesellschaft (ETR:LXS) Trading 1.3% Higher

LANXESS Aktiengesellschaft (ETR:LXSGet Free Report) shares shot up 1.3% on Tuesday . The stock traded as high as €27.68 ($29.45) and last traded at €26.73 ($28.44). 470,089 shares traded hands during mid-day trading, an increase of 51% from the average session volume of 312,027 shares. The stock had previously closed at €26.40 ($28.09).

LANXESS Aktiengesellschaft Trading Up 2.1 %

The company has a debt-to-equity ratio of 66.79, a quick ratio of 0.57 and a current ratio of 2.48. The business’s 50 day moving average price is €25.10 and its 200-day moving average price is €24.74. The firm has a market cap of $2.26 billion, a price-to-earnings ratio of -8.10, a price-to-earnings-growth ratio of 1.12 and a beta of 1.67.

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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