Basf Se (ETR:BAS) has seen its shares pass above the two hundred day moving average of €44.87, signaling positive momentum in the market. This growth comes as the company continues to operate as a leading chemical company globally. Let’s delve deeper into Basf’s price performance, background, and recent featured stories.
Basf Price Performance:
The company’s fifty day moving average price is €45.79, with a 200 day moving average price of €44.87. Basf has a quick ratio of 1.02, a current ratio of 1.98, and a debt-to-equity ratio of 58.25. With a market cap of $44.26 billion, a PE ratio of -14.82, and a beta of 1.26, Basf is showing resilience and potential in the market.
About Basf:
BASF SE operates globally as a chemical company with six key segments – Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. From providing petrochemicals and intermediates to offering advanced materials for various applications, Basf plays a significant role in the chemical industry.
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FAQs:
- What is Basf’s current market cap? Basf’s market cap is $44.26 billion.
- In which industry does Basf operate? Basf operates as a chemical company worldwide.
- What are the key segments of Basf’s operations? Basf operates through six segments – Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions.
- What is Basf’s PE ratio? Basf has a PE ratio of -14.82.
- What recent surge has Basf’s shares experienced? Basf’s shares recently passed above the two hundred day moving average of €44.87, indicating positive market momentum.