Covestro (OTCMKTS:COVTY) Shares Up 1.6% – Here’s Why

Posted by Defense World Staff on Feb 18th, 2026

Covestro AG Sponsored ADR (OTCMKTS:COVTY – Get Free Report)’s share price shot up 1.6% on Tuesday . The company traded as high as $35.82 and last traded at $35.70. 3,522 shares were traded during trading, a decline of 13% from the average session volume of 4,053 shares. The stock had previously closed at $35.15.

Wall Street Analysts Forecast Growth

Separately, Alembic Global Advisors cut shares of Covestro to a “hold” rating in a report on Monday, October 27th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Check Out Our Latest Report on Covestro

Covestro Price Performance

The stock has a market cap of $14.83 billion, a P/E ratio of -27.05 and a beta of 0.94. The company has a quick ratio of 0.73, a current ratio of 1.36 and a debt-to-equity ratio of 0.34. The business’s 50-day simple moving average is $34.97 and its two-hundred day simple moving average is $34.70.

About Covestro

(Get Free Report)

Covestro AG is a leading global manufacturer of high-performance polymer materials. Established in 2015 following its spin-off from Bayer MaterialScience, the company builds on a legacy of innovation dating back to the early 20th century. Covestro develops and produces a wide range of plastics and coatings designed to meet the evolving needs of various industrial sectors.

The company’s core product portfolio includes polyurethanes, polycarbonates and specialty coatings, adhesives, sealants and elastomers.