XTRA:LXSChemicals
Assessing LANXESS (XTRA:LXS) Valuation After Lewatit Price Increases And Recent Share Price Rebound
LANXESS (XTRA:LXS) is back on investors’ radar after announcing a price increase for its Lewatit ion exchange resins, a key product in its liquid purification technologies within the specialty chemicals portfolio.
See our latest analysis for LANXESS.
The Lewatit price move comes at a time when momentum in the share price has picked up, with a 30 day share price return of 37.35% contrasting with a 1 year total shareholder return of 18.10% and deeper multi year losses.
If this pricing change...