Covestro AG (1COV.xetr)

Covestro AG (1COV.xetr)

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Covestro AG (1COV.xetr) Profile

Covestro AG is a German firm that manufactures a variety of common materials derived from polyurethane and polycarbonate. Isocyanates and polyols for cellular foams, thermoplastic polyurethane, and polycarbonate granules, and polyurethane-based compounds for paints and coatings are among the company's products. Headquarters: Leverkusen, Germany.

Number of employees: 16,736 (2020)
Market cap 10.77B EUR. Latest stock price 55.60-0.56 (-1.00%)
At close: January 12 05:37 PM CET. Covestro AG number of employees in 2020 was 16,736

Subsidiaries: Covestro Deutschland AG, Covestro (India) Pvt. Ltd.
Covestro AG (1COV.xetr) News Covestro AG said Monday that it has signed a long-term corporate power purchase agreement with the energy supplier EnBW Energy Baden-Württemberg AG to buy solar energy from them. 63 megawatts of power will be sent to Covestro by EnBW, which has the country's largest solar power plant in the city of Brandenburg in eastern Germany. At 6:24 a.m. ET on December 20, 2021.

Covestro AG (1COV.xetr) Analysis The company's stock has garnered considerable interest as a result of the XTRA's significant price volatility during the last few months, rising to €59.34 around one time and falling to a low of €52.80. Certain stock price swings can provide buyers with a better opportunity to join the stock and possibly purchase at a discount. The issue seems to be whether Covestro's current stock price of €56.56 reflects the company's actual worth.

Holding cost
Trading hours in US Eastern Time
10:00 - 18:30
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