Huntsman Corp (HUN) average volume reaches $1.83M: Is Wall Street expecting a rally?

On Monday, Huntsman Corp (NYSE: HUN) was -2.83% drop from the session before settling in for the closing price of $23.71. A 52-week range for HUN has been $19.91 – $27.01.

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Basic Materials Sector giant saw their annual sales slid by -2.77% over the last five years. When this article was written, the company’s average yearly earnings per share was at -41.61%. With a float of $162.79 million, this company’s outstanding shares have now reached $171.58 million.

The firm has a total of 6000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 13.89%, operating margin of 0.02%, and the pretax margin is -0.15%.

Huntsman Corp (HUN) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Huntsman Corp stocks. The insider ownership of Huntsman Corp is 5.91%, while institutional ownership is 85.91%. The most recent insider transaction that took place on Aug 12 ’24, was worth 50,273. In this transaction Exec VP, GC and Sec of this company bought 2,500 shares at a rate of $20.11, taking the stock ownership to the 424,579 shares.

Huntsman Corp (HUN) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -41.61% per share during the next fiscal year.

Huntsman Corp (NYSE: HUN) Trading Performance Indicators

You can see what Huntsman Corp (HUN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.67. Likewise, its price to free cash flow for the trailing twelve months is 48.02.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.50, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 1.12 in one year’s time.

Technical Analysis of Huntsman Corp (HUN)

Analysing the last 5-days average volume posted by the [Huntsman Corp, HUN], we can find that recorded value of 1.35 million was lower than the volume posted last year of 1.9 million. As of the previous 9 days, the stock’s Stochastic %D was 56.10%. Additionally, its Average True Range was 0.57.

During the past 100 days, Huntsman Corp’s (HUN) raw stochastic average was set at 60.08%, which indicates a significant increase from 16.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.81% in the past 14 days, which was lower than the 29.48% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $22.45, while its 200-day Moving Average is $23.75. Now, the first resistance to watch is $23.47. This is followed by the second major resistance level at $23.90. The third major resistance level sits at $24.11. If the price goes on to break the first support level at $22.83, it is likely to go to the next support level at $22.61. Should the price break the second support level, the third support level stands at $22.18.

Huntsman Corp (NYSE: HUN) Key Stats

There are 172,996K outstanding shares of the company, which has a market capitalization of 3.99 billion. As of now, sales total 6,111 M while income totals 101,000 K. Its latest quarter income was 1,574 M while its last quarter net income were 22,000 K.