Algo version: 0.98b
Covestro AG is listed at the PNK Exchange
Covestro AG [COVTY]
PNK Sector: Basic Materials Industry:Chemicals Specialty

Is Covestro AG stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Covestro AG pays dividends. Last time was Friday 6th of May 2022 where the investors holding the stock on Friday 22nd of April 2022 were paid $1.875 per share. Over the last 5 times between 2017 and 2022, Covestro AG has paid $6.06439 with an average of $1.21 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Covestro AG 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $20.83, you would have made a profit of $9.43 per share or 45.26%

No, the average daily trading liquidity for Covestro AG is $13 509 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

Covestro AG has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for Covestro AG to be medium [0.6 of 1]

US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.