On Tuesday, LyondellBasell Industries NV (NYSE: LYB) opened higher 0.89% from the last session, before settling in for the closing price of $97.39. Price fluctuations for LYB have ranged from $88.46 to $107.02 over the past 52 weeks.
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A company in the Basic Materials sector has jumped its sales by 5.13% annually for the last half of the decade. Company’s average yearly earnings per share was noted -4.42% at the time writing. With a float of $259.58 million, this company’s outstanding shares have now reached $324.48 million.
In an organization with 20000 employees, it is important to assess its efficiency.
LyondellBasell Industries NV (LYB) Insider Updates
A key investor’s attitude towards the stock of the Specialty Chemicals industry is another important factor to consider. The insider ownership of LyondellBasell Industries NV is 20.28%, while institutional ownership is 72.69%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -4.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.25% 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
Check out the current performance indicators for LyondellBasell Industries NV (LYB). In the past quarter, the stock posted a quick ratio of 1.32. 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 11.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.47, a number that is poised to hit 2.23 in the next quarter and is forecasted to reach 9.79 in one year’s time.
Technical Analysis of LyondellBasell Industries NV (LYB)
Let’s dig in a bit further. During the last 5-days, its volume was 1.12 million. That was inferior than the volume of 1.78 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 66.87%. Additionally, its Average True Range was 1.79.
During the past 100 days, LyondellBasell Industries NV’s (LYB) raw stochastic average was set at 42.97%, which indicates a significant decrease from 77.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.05% in the past 14 days, which was lower than the 18.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $96.29, while its 200-day Moving Average is $96.74. However, in the short run, LyondellBasell Industries NV’s stock first resistance to watch stands at $98.94. Second resistance stands at $99.62. The third major resistance level sits at $100.49. If the price goes on to break the first support level at $97.39, it is likely to go to the next support level at $96.52. Assuming the price breaks the second support level, the third support level stands at $95.84.
LyondellBasell Industries NV (NYSE: LYB) Key Stats
There are currently 325,622K shares outstanding in the company with a market cap of 32.00 billion. Presently, the company’s annual sales total 41,107 M according to its annual income of 2,121 M. Last quarter, the company’s sales amounted to 9,925 M and its income totaled 473,000 K.
