Basf (ETR:BAS) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

Basf Se (ETR:BAS) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €45.63 and traded as high as €53.58. Basf shares last traded at €53.58, with a volume of 3,869,961 shares changing hands.

Basf Price Performance

The business’s 50-day moving average price is €49.04 and its 200 day moving average price is €45.63. The stock has a market capitalization of $51.21 billion, a PE ratio of 102.68, a price-to-earnings-growth ratio of 0.25 and a beta of 0.91. The company has a debt-to-equity ratio of 73.57, a quick ratio of 1.02 and a current ratio of 1.93.

About Basf

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. The Industrial Solutions segment develops and markets ingredients and additives for industrial applications, such as polymer dispersions, resins, additives, electronic materials, and antioxidants for automotive, plastics, paints and coatings, electronics, and energy and resource industries.