LANXESS Aktiengesellschaft (OTCMKTS:LNXSF) Shares Up 17.8% – Still a Buy?

LANXESS Aktiengesellschaft (OTCMKTS:LNXSFGet Free Report)’s share price shot up 17.8% during trading on Friday . The company traded as high as $27.85 and last traded at $27.85. 274 shares changed hands during mid-day trading, a decline of 72% from the average session volume of 993 shares. The stock had previously closed at $23.65.

LANXESS Aktiengesellschaft Stock Performance

The firm has a fifty day moving average price of $25.39 and a 200 day moving average price of $27.03.

About LANXESS Aktiengesellschaft

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LANXESS Aktiengesellschaft, together with its subsidiaries, operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide. It operates through three segments: Consumer Protection, Specialty Additives, and Advanced Intermediates.

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