On Monday, Huntsman Corp (NYSE: HUN) opened higher 1.02% from the last session, before settling in for the closing price of $24.53. Price fluctuations for HUN have ranged from $22.14 to $29.90 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales drop of Basic Materials Sector giant was -2.77%. Company’s average yearly earnings per share was noted 27.27% at the time writing. With a float of $161.98 million, this company’s outstanding shares have now reached $171.58 million.
Let’s determine the extent of company efficiency that accounts for 6000 employees.
Huntsman Corp (HUN) Insider Activity
A key investor’s attitude towards the stock of the Chemicals industry is another important factor to consider. The insider ownership of Huntsman Corp is 5.98%, while institutional ownership is 85.53%. The most recent insider transaction that took place on Jun 02 ’23, was worth 61,250. In this transaction Exec VP, GC and Sec of this company bought 2,500 shares at a rate of $24.50, taking the stock ownership to the 385,502 shares.
Huntsman Corp (HUN) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 0.22 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.3) by -0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.27% per share during the next fiscal year.
Huntsman Corp (NYSE: HUN) Trading Performance Indicators
Check out the current performance indicators for Huntsman Corp (HUN). In the past quarter, the stock posted a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.71. Likewise, its price to free cash flow for the trailing twelve months is 59.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.52, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 1.58 in one year’s time.
Technical Analysis of Huntsman Corp (HUN)
Looking closely at Huntsman Corp (NYSE: HUN), its last 5-days average volume was 2.5 million, which is a jump from its year-to-date volume of 1.97 million. As of the previous 9 days, the stock’s Stochastic %D was 59.91%. Additionally, its Average True Range was 0.64.
During the past 100 days, Huntsman Corp’s (HUN) raw stochastic average was set at 45.68%, which indicates a significant decrease from 53.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.44% in the past 14 days, which was lower than the 24.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.09, while its 200-day Moving Average is $25.16. However, in the short run, Huntsman Corp’s stock first resistance to watch stands at $25.04. Second resistance stands at $25.31. The third major resistance level sits at $25.61. If the price goes on to break the first support level at $24.47, it is likely to go to the next support level at $24.17. Should the price break the second support level, the third support level stands at $23.90.
Huntsman Corp (NYSE: HUN) Key Stats
There are currently 172,995K shares outstanding in the company with a market cap of 4.27 billion. Presently, the company’s annual sales total 6,111 M according to its annual income of 101,000 K. Last quarter, the company’s sales amounted to 1,403 M and its income totaled -71,000 K.
