Basf (ETR:BAS) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Shares of Basf Se (ETR:BASGet Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €44.74 ($46.60) and traded as high as €49.13 ($51.17). Basf shares last traded at €48.91 ($50.95), with a volume of 3,737,922 shares.

Basf Stock Up 0.2 %

The company has a debt-to-equity ratio of 64.22, a current ratio of 1.87 and a quick ratio of 1.02. The company has a market capitalization of $45.88 billion, a price-to-earnings ratio of 91.98, a price-to-earnings-growth ratio of 0.25 and a beta of 1.21. The firm’s 50-day simple moving average is €45.04 and its two-hundred day simple moving average is €44.74.

About Basf

(Get Free Report)

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.

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