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Basf is a German chemical company that went public in 1895. The company was founded by Friedrich Engelhorn and has its headquarters in Ludwigshafen, Germany. Basf's main businesses are chemicals, plastics, performance products, agricultural products, and oil and gas. As of Nov 2022, the company had a market capitalization of €48.2 billion.

Basf is one of the world's leading chemical companies. The company's products are used in a wide variety of industries, including automotive, construction, electronics, and textile. Basf has a strong presence in Europe, North America, and Asia Pacific. The company is listed on the Frankfurt Stock Exchange and is a component of the DAX index.

The stock hit its highest point in April 2015, at around €96 per share. However, it has seen some volatility since then and the lowest point in recent years was in Sept 2022, at around €39 per share.

There have been a number of events that have affected the BASF share price over the past year. In July 2018, the company announced that it was selling its construction chemicals business to Advent International for €3 billion. Investors saw this sale as a positive move, as it showed that BASF was willing to divest non-core businesses to focus on its core chemical operations.

There are a number of risks to consider before investing in BASF shares. For example, the company’s share price is exposed to the volatility of the global economy. If the global economy weakens, this could cause demand for chemicals to declining, which would negatively impact BASF’s financial performance.

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