Trinseo S.A. (TSE) Plunges 6.53% on December 07

Trinseo S.A. (TSE) Plunges 6.53% on December 07

Trinseo S.A. (TSE) had a rough trading day for Friday December 07 as shares tumbled 6.53%, or a loss of $-3.24 per share, to close at $46.41. After opening the day at $47.57, shares of Trinseo S.A. traded as high as $49.84 and as low as $45.89. Volume was 563,762 shares over 5,240 trades, against an average daily volume of 432,744 shares and a total float of 42.32 million.

As a result of the decline, Trinseo S.A. now has a market cap of $1.96 billion.

The stock has a P/E Ratio of 5.3.

Trinseo SA manufactures and sells a variety of synthetic rubber, latex, and plastics products. The firm organizes itself into four segments based on product type. The basic plastics and feedstocks segment, which generates more revenue than any other segment, sells a variety of plastics to manufacturers of appliances, packaging, automobiles, consumer electronics, consumer goods, and construction products. The latex segment sells latex-based products used for packaging, carpet, tape, cement modification, and building products. The synthetic rubber segment sells rubber products used in the production of automotive tires. The performance plastics segment sells plastic compounds to the automotive, consumer electronics, and construction industries. The majority of revenue comes from Europe.

Trinseo S.A. is based out of Berwyn, PA and has some 2,214 employees. Its CEO is Christopher D. Pappas.

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