Wacker Chemie (OTCMKTS:WKCMF) Shares Pass Below Two Hundred Day Moving Average of $82.80

Wacker Chemie AG (OTCMKTS:WKCMF) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $82.80 and traded as low as $81.11. Wacker Chemie shares last traded at $81.11, with a volume of 100 shares trading hands.

A number of equities analysts have weighed in on the stock. DZ Bank reiterated a “neutral” rating on shares of Wacker Chemie in a report on Thursday, August 1st. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Wacker Chemie in a report on Friday, September 6th.

The stock’s fifty day simple moving average is $73.77 and its two-hundred day simple moving average is $82.70.

Wacker Chemie Company Profile (OTCMKTS:WKCMF)

Wacker Chemie AG provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, silicones, silicone fluids, emulsions, elastomers, sealants and resins, and pyrogenic silicas for use in construction, paint and coating, chemical, cosmetic, textile and leather, paper and film coating, fabric coating, electrical and electronic engineering, insulation technology, mechanical engineering and metal processing, medical technology, automotive, communications technology, office equipment, household appliance, plastics and rubber processing, and mold making applications.

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