ValuEngine Downgrades BASF SE (OTCMKTS:BASFY) to Hold

BASF SE (OTCMKTS:BASFY) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Wednesday, October 18th.

BASF SE (OTCMKTS BASFY) traded up 0.94% on Wednesday, reaching $27.32. 176,341 shares of the company were exchanged. The stock has a market capitalization of $100.37 billion, a P/E ratio of 17.49 and a beta of 1.06. The company’s 50-day moving average price is $26.35 and its 200-day moving average price is $24.60. BASF SE has a 12-month low of $20.61 and a 12-month high of $27.72.

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BASF SE Company Profile

BASF SE is a chemical company. The Company operates through five segments, which include Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment consists of the Petrochemicals, Monomers and Intermediates divisions. The Performance Products segment consists of the Dispersions & Pigments, Care Chemicals, Nutrition & Health, and Performance Chemicals divisions.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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