Covestro (OTCMKTS:COVTY) Shares Up 1.5%

Covestro AG (OTCMKTS:COVTYGet Free Report) shares traded up 1.5% on Monday . The company traded as high as $26.47 and last traded at $26.42. 36,738 shares changed hands during trading, an increase of 125% from the average session volume of 16,350 shares. The stock had previously closed at $26.02.

Covestro Price Performance

The company has a market cap of $9.99 billion, a PE ratio of -10.74 and a beta of 1.25. The company has a quick ratio of 1.08, a current ratio of 1.81 and a debt-to-equity ratio of 0.39. The business’s 50 day moving average price is $27.46 and its 200-day moving average price is $26.68.

Covestro Company Profile

(Get Free Report)

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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