Basf (ETR:BAS) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Basf Se (ETR:BASGet Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €46.92 ($52.13) and traded as high as €48.01 ($53.34). Basf shares last traded at €47.56 ($52.84), with a volume of 2,712,562 shares changing hands.

Basf Trading Up 0.7 %

The firm has a market capitalization of $42.16 billion, a P/E ratio of -944.80, a price-to-earnings-growth ratio of 0.26 and a beta of 1.21. The firm has a fifty day simple moving average of €43.96 and a two-hundred day simple moving average of €46.93. The company has a debt-to-equity ratio of 69.16, a current ratio of 1.70 and a quick ratio of 1.02.

Basf Company Profile

(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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