|Bid||45.15 x 58300|
|Ask||45.21 x 58300|
|Day's Range||44.27 - 45.55|
|52 Week Range||37.33 - 73.78|
|Beta (3Y Monthly)||1.56|
|PE Ratio (TTM)||8.87|
|Earnings Date||Oct 28, 2019|
|Forward Dividend & Yield||2.40 (5.47%)|
|1y Target Est||62.37|
European markets declined after chemicals giant BASF’s severe profit warning over a global automotive slowdown weighed on investors.
German chemicals maker Covestro said core profit could halve this year as rivals increase production and demand from customers such as the Asian car industry slows. Shares in the maker of chemicals for heat insulation foams and transparent polycarbonate plastics fell as much as 5 percent in early Monday trading.
German chemicals maker Covestro said its 2019 core earnings could fall to as little as half of last year's level as rivals are removing production bottlenecks. The former Bayer subsidiary said earnings ...
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...
Germany's Covestro will invest 1.5 billion euros ($1.7 billion) in a new plant in Texas to produce the main chemical used in polyurethane foams, taking up a challenge posed by rivals' growth plans. It will replace the company's existing chemicals complex in Baytown and have more than five times the capacity. Demand for MDI, used in polyurethane foams that go into building insulation, refrigerators and wind rotor blades, has outgrown production capacity over recent quarters and companies are scrambling to build new plants over the next four years.