Mon Sep 23 23:13:00 UTC 2024: ## Brenntag SE Hits 52-Week Low on Monday

**Frankfurt, Germany – September 23, 2024** – Shares of Brenntag SE (ETR:BNR) plummeted to a new 52-week low on Monday, closing at €61.64 ($68.49) after reaching a low of €61.50 ($68.33) during the day. The volume traded was 197,828 shares.

The decline comes despite the company’s healthy financial ratios, including a current ratio of 1.72, a quick ratio of 1.19, and a debt-to-equity ratio of 79.55. The company’s fifty-day moving average price is €64.69, while the two-hundred-day moving average price is €69.65. Brenntag SE has a market capitalization of $8.90 billion, a price-to-earnings ratio of 14.96, a PEG ratio of 0.39, and a beta of 0.90.

Brenntag SE is a leading distributor of industrial and specialty chemicals, ingredients, and related services globally. The company operates in two segments, Brenntag Essentials and Brenntag Specialties, offering a range of services including just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.

While the reason for the stock’s decline remains unclear, analysts are closely monitoring the situation.

**Other Notable Market Movements:**

* CBS (OTCMKTS:CBS.A) reached a new 1-year low at $21.80.
* UniCredit (OTCMKTS:UNCFF) set a new 1-year high at $42.95.

Read More