Huntsman Corp (NYSE: HUN) on Tuesday, plunged -1.77% from the previous trading day, before settling in for the closing price of $22.63. Within the past 52 weeks, HUN’s price has moved between $19.91 and $27.01.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Basic Materials sector was -2.77%. The company achieved an average annual earnings per share of -41.61%. With a float of $162.79 million, this company’s outstanding shares have now reached $171.58 million.
Considering the fact that the conglomerate employs 6000 people, you should pay attention to its efficiency factor. 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
Observing investor behavior towards Chemicals industry stocks is more important than anything else. The insider ownership of Huntsman Corp is 5.91%, while institutional ownership is 86.17%. 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
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.15 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.19) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
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
Huntsman Corp (HUN) is currently performing well based on its current performance indicators. A quick ratio of 0.77 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 0.65. Likewise, its price to free cash flow for the trailing twelve months is 46.33.
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)
Compared to the last year’s volume of 1.87 million, its volume of 1.08 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 7.13%. Additionally, its Average True Range was 0.51.
During the past 100 days, Huntsman Corp’s (HUN) raw stochastic average was set at 44.53%, which indicates a significant increase from 4.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.43% in the past 14 days, which was lower than the 28.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.70, while its 200-day Moving Average is $23.70. Nevertheless, the first resistance level for the watch stands at $22.55 in the near term. At $22.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $23.07. If the price goes on to break the first support level at $22.02, it is likely to go to the next support level at $21.82. Should the price break the second support level, the third support level stands at $21.50.
Huntsman Corp (NYSE: HUN) Key Stats
Market capitalization of the company is 3.85 billion based on 173,004K outstanding shares. Right now, sales total 6,111 M and income totals 101,000 K. The company made 1,574 M in profit during its latest quarter, and 22,000 K in sales during its previous quarter.
