Let’s look at the key reasons that are pushing Univar Solutions Inc. (UNVR) to new highs

Univar Solutions Inc. (NYSE: UNVR) on January 24, 2023, started off the session at the price of $32.52, soaring 0.67% from the previous trading day. During the day, the shares moved up to $33.27 and dropped to $32.52 before settling in for the closing price of $32.81. Within the past 52 weeks, UNVR’s price has moved between $21.49 and $34.53.

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During the last 5-year period, the sales growth of Basic Materials Sector giant was 3.40%. The company achieved an average annual earnings per share of 762.60%. With a float of $161.74 million, this company’s outstanding shares have now reached $165.90 million.

Let’s determine the extent of company efficiency that accounts for 9450 employees. In terms of profitability, gross margin is +22.96, operating margin of +6.02, and the pretax margin is +6.14.

Univar Solutions Inc. (UNVR) Breakdown of a Key Holders of the stock

Observing investor behavior towards Chemicals industry stocks is more important than anything else. The insider ownership of Univar Solutions Inc. is 0.20%, while institutional ownership is 99.90%. The most recent insider transaction that took place on Nov 29, was worth 225,535. In this transaction Director of this company sold 6,970 shares at a rate of $32.36, taking the stock ownership to the 159,933 shares. Before that another transaction happened on Nov 28, when Company’s SVP, Chief Information Officer sold 11,654 for $33.50, making the entire transaction worth $390,409. This insider now owns 11,553 shares in total.

Univar Solutions Inc. (UNVR) Recent Fiscal highlights

As on 6/29/2022, Multinational firm has announced its last quarter scores, in which it reported $1 earnings per share (EPS) for the period topping the consensus outlook (set at $0.91) by $0.09. This company achieved a net margin of +4.83 while generating a return on equity of 22.55. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.56 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 762.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.36% during the next five years compared to 49.30% growth over the previous five years of trading.

Univar Solutions Inc. (NYSE: UNVR) Trading Performance Indicators

Univar Solutions Inc. (UNVR) is currently performing well based on its current performance indicators. A quick ratio of 1.40 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.47. Likewise, its price to free cash flow for the trailing twelve months is 26.73.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.70, a number that is poised to hit 0.54 in the next quarter and is forecasted to reach 3.00 in one year’s time.

Technical Analysis of Univar Solutions Inc. (UNVR)

Looking closely at Univar Solutions Inc. (NYSE: UNVR), its last 5-days average volume was 0.8 million, which is a drop from its year-to-date volume of 1.35 million. As of the previous 9 days, the stock’s Stochastic %D was 38.65%. Additionally, its Average True Range was 0.84.

During the past 100 days, Univar Solutions Inc.’s (UNVR) raw stochastic average was set at 88.50%, which indicates a significant increase from 60.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.33% in the past 14 days, which was lower than the 32.12% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $31.86, while its 200-day Moving Average is $28.01. However, in the short run, Univar Solutions Inc.’s stock first resistance to watch stands at $33.36. Second resistance stands at $33.69. The third major resistance level sits at $34.11. If the price goes on to break the first support level at $32.61, it is likely to go to the next support level at $32.19. Now, if the price goes above the second support level, the third support stands at $31.86.

Univar Solutions Inc. (NYSE: UNVR) Key Stats

Market capitalization of the company is 5.35 billion based on 163,166K outstanding shares. Right now, sales total 9,536 M and income totals 460,600 K. The company made 2,984 M in profit during its latest quarter, and 130,000 K in sales during its previous quarter.

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