|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||18.50 - 18.50|
|52 Week Range||16.69 - 22.27|
|Beta (5Y Monthly)||1.19|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.25 (6.73%)|
|Ex-Dividend Date||Jun 01, 2023|
|1y Target Est||N/A|
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Key Insights Institutions' substantial holdings in Evonik Industries implies that they have significant influence over...
German chemicals group Evonik Industries said on Thursday its second-quarter core profit fell 38% from last year, citing difficult economic environment as lacklustre demand holds back recovery. "Germany is in a recession, Europe as well, and the economy in China is not picking up as we had hoped," CEO Christian Kullmann said in a statement, adding that the second quarter showed no meaningful turnaround for the business. This is above analysts' forecast of 447.6 million euros provided by Vara Research, which were set at the higher-end of Evonik's outlook range of 430 million to 450 million euros.
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...