Wacker Chemie (OTCMKTS:WKCMF) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

Wacker Chemie AG (OTCMKTS:WKCMFGet Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $91.35 and traded as low as $71.59. Wacker Chemie shares last traded at $71.59, with a volume of 53 shares trading hands.

Wacker Chemie Stock Performance

The company has a 50 day moving average of $77.49 and a two-hundred day moving average of $91.22.

Wacker Chemie Company Profile

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Wacker Chemie AG, together with its subsidiaries, provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silica.

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