Covestro AG (OTCMKTS:COVTY – Get Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as $32.60 and last traded at $32.18, with a volume of 147176 shares. The stock had previously closed at $30.48.
Covestro Stock Performance
The stock’s fifty day moving average price is $30.08 and its two-hundred day moving average price is $28.25.
Covestro (OTCMKTS:COVTY – Get Free Report) last issued its quarterly earnings data on Tuesday, July 30th. The company reported ($0.20) earnings per share for the quarter. The firm had revenue of $3.97 billion during the quarter. As a group, research analysts predict that Covestro AG will post 0.03 EPS for the current year.
Covestro Company Profile
Covestro AG supplies high-tech polymer materials and 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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