Brenntag (OTCMKTS:BNTGY – Get Free Report) was downgraded by equities researchers at Citigroup from a “strong-buy” rating to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.
Brenntag Stock Performance
Brenntag stock traded down $0.04 during trading hours on Wednesday, reaching $12.10. 197,127 shares of the stock were exchanged, compared to its average volume of 78,427. The stock has a market cap of $8.74 billion, a P/E ratio of 14.94 and a beta of 1.13. The firm’s 50 day moving average is $13.73 and its 200 day moving average is $14.16. Brenntag has a 52-week low of $11.79 and a 52-week high of $18.72.
Brenntag (OTCMKTS:BNTGY – Get Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The company reported $0.22 earnings per share for the quarter. Brenntag had a return on equity of 12.28% and a net margin of 3.36%. The company had revenue of $4.50 billion for the quarter. Equities research analysts expect that Brenntag will post 0.96 EPS for the current fiscal year.
Brenntag Company Profile
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.
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