Brenntag (OTCMKTS:BNTGY) Sets New 12-Month Low – What’s Next?

Brenntag SE (OTCMKTS:BNTGY) hit a new 52-week low on Wednesday . The stock traded as low as $11.78 and last traded at $11.93, with a volume of 94376 shares. The stock had previously closed at $12.15.

Wall Street Analyst Weigh In

Separately, Citigroup lowered shares of Brenntag from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 13th.

Brenntag Price Performance

The firm has a market capitalization of $8.50 billion, a price-to-earnings ratio of 14.54 and a beta of 1.11. The business’s 50 day moving average price is $13.02 and its 200-day moving average price is $13.72.

About Brenntag

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.