LyondellBasell Industries NV (LYB) volume exceeds 1.37 million: A new investment opportunity for investors

LyondellBasell Industries NV (NYSE: LYB) on Tuesday, plunged -1.30% from the previous trading day, before settling in for the closing price of $100.46. Within the past 52 weeks, LYB’s price has moved between $84.80 and $106.69.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 5.13%. The company achieved an average annual earnings per share of -4.54%. With a float of $258.94 million, this company’s outstanding shares have now reached $324.48 million.

Considering the fact that the conglomerate employs 20000 people, you should pay attention to its efficiency factor.

LyondellBasell Industries NV (LYB) Breakdown of a Key Holders of the stock

Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. The insider ownership of LyondellBasell Industries NV is 20.43%, while institutional ownership is 71.87%. The most recent insider transaction that took place on Mar 15 ’24, was worth 1,819,427. In this transaction Director of this company sold 18,111 shares at a rate of $100.46, taking the stock ownership to the 12,276 shares. Before that another transaction happened on Mar 12 ’24, when Company’s EVP & CFO sold 16,940 for $100.84, making the entire transaction worth $1,708,219. This insider now owns 88,858 shares in total.

LyondellBasell Industries NV (LYB) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 99.15 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -4.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.43% during the next five years compared to -11.67% drop over the previous five years of trading.

LyondellBasell Industries NV (NYSE: LYB) Trading Performance Indicators

LyondellBasell Industries NV (LYB) is currently performing well based on its current performance indicators. A quick ratio of 1.16 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 0.79. Likewise, its price to free cash flow for the trailing twelve months is 9.46.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.47, a number that is poised to hit 1.36 in the next quarter and is forecasted to reach 9.90 in one year’s time.

Technical Analysis of LyondellBasell Industries NV (LYB)

Compared to the last year’s volume of 1.95 million, its volume of 1.31 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 7.70%. Additionally, its Average True Range was 1.83.

During the past 100 days, LyondellBasell Industries NV’s (LYB) raw stochastic average was set at 53.15%, which indicates a significant increase from 5.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.04% in the past 14 days, which was higher than the 16.88% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $99.87, while its 200-day Moving Average is $96.06. Nevertheless, the first resistance level for the watch stands at $99.93 in the near term. At $100.70, the stock is likely to face the second major resistance level. The third major resistance level sits at $101.32. If the price goes on to break the first support level at $98.54, it is likely to go to the next support level at $97.92. Now, if the price goes above the second support level, the third support stands at $97.15.

LyondellBasell Industries NV (NYSE: LYB) Key Stats

Market capitalization of the company is 32.27 billion based on 325,439K outstanding shares. Right now, sales total 41,107 M and income totals 2,121 M. The company made 9,929 M in profit during its latest quarter, and 187,000 K in sales during its previous quarter.