Posted by admin on May 16th, 2022
Covestro (ETR: 1COV) recently received a number of ratings updates from brokerages and research firms:
Shares of ETR:1COV remained flat at $€38.99 ($41.04) on Monday. 1,149,453 shares of the stock were exchanged, compared to its average volume of 917,794. The stock’s fifty day simple moving average is €43.92 and its 200-day simple moving average is €50.06. The company has a current ratio of 1.93, a quick ratio of 0.98 and a debt-to-equity ratio of 32.60. The company has a market capitalization of $7.53 billion and a price-to-earnings ratio of 4.66. Covestro AG has a fifty-two week low of €37.97 ($39.97) and a fifty-two week high of €60.24 ($63.41).
Covestro AG supplies high-tech polymer materials and related application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications.
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