Brenntag (OTCMKTS:BNTGY) Reaches New 52-Week Low – Here’s Why

Brenntag SE (OTCMKTS:BNTGY) reached a new 52-week low during trading on Friday . The company traded as low as $11.43 and last traded at $11.49, with a volume of 304132 shares. The stock had previously closed at $11.73.

Wall Street Analysts Forecast Growth

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

Brenntag Stock Performance

The firm has a market capitalization of $8.29 billion, a PE ratio of 14.19 and a beta of 1.12. The company has a fifty day moving average price of $12.46 and a 200-day moving average price of $13.49.

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.