Brenntag (OTCMKTS:BNTGY) Reaches New 52-Week Low – What’s Next?

Brenntag SE (OTCMKTS:BNTGY) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $11.58 and last traded at $12.03, with a volume of 98001 shares traded. The stock had previously closed at $11.93.

Analyst Ratings Changes

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

Brenntag Stock Performance

The stock has a fifty day moving average of $12.83 and a 200-day moving average of $13.66. The company has a market cap of $8.68 billion, a PE ratio of 14.85 and a beta of 1.11.

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.