Covestro - plastic fantastic?
❌✅✅✅✅ Covestro AG is a spin-off of Bayer AG and was put on the German Stock Exchange in 2015. Covestro is the world market leader in creating high-performance plastics (also known as a polymer). High-performance plastics differ from standard plastic primarily by their temperature stability, chemical resistance, and mechanical properties. The main industries served are automotive manufacturing, electronics, construction, and home products, and sports and leisure, sounds like they are everywhere in our lives! The stock closed today at €55.86 , and the 52-week high was at €63.24, and the 52-week low at €23.54, this means we are closer to the high than the low. ❌ The 1-year, 3-year and 5-year development has been +79% , -27% and +58% ! The long-term chart , i.e. 5-years It looks like that the downward trend since end-2017 was broken in June 2020 and has continued its way upward The 1-year chart confirms the upward trend, see below! Shareholders: The biggest...