Basf (ETR:BAS) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Basf Se (ETR:BASGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €44.23 ($46.07) and traded as high as €45.09 ($46.96). Basf shares last traded at €45.09 ($46.96), with a volume of 2,342,115 shares.

Basf Stock Up 7.2 %

The firm has a 50-day moving average of €43.81 and a two-hundred day moving average of €44.23. The company has a current ratio of 1.70, a quick ratio of 1.02 and a debt-to-equity ratio of 69.16. The firm has a market capitalization of $43.15 billion, a PE ratio of -967.00, a price-to-earnings-growth ratio of 0.25 and a beta of 1.21.

About Basf

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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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