Albemarle Corp. (NYSE: ALB) started the day on Wednesday, with a price decrease of -1.17% at $95.52, before settling in for the price of $96.65 at the close. Taking a more long-term approach, ALB posted a 52-week range of $71.97-$153.54.
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The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was 30.25%. Meanwhile, its Annual Earning per share during the time was 16.09%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -100.83%. This publicly-traded company’s shares outstanding now amounts to $117.36 million, simultaneously with a float of $117.01 million. The organization now has a market capitalization sitting at $11.23 billion. At the time of writing, stock’s 50-day Moving Average stood at $92.01, while the 200-day Moving Average is $107.42.
Albemarle Corp. (ALB) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Specialty Chemicals Industry. Albemarle Corp.’s current insider ownership accounts for 0.44%, in contrast to 94.44% institutional ownership. According to the most recent insider trade that took place on May 14 ’24, this organization’s SVP, Capital Projects sold 843 shares at the rate of 135.53, making the entire transaction reach 114,250 in total value, affecting insider ownership by 6,802. Preceding that transaction, on May 13 ’24, Company’s VP, Controller & CAO sold 1,475 for 132.17, making the whole transaction’s value amount to 194,951. This particular insider is now the holder of 4,743 in total.
Albemarle Corp. (ALB) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.4 per share during the current fiscal year.
Albemarle Corp.’s EPS decrease for this current 12-month fiscal period is -100.83% and is forecasted to reach 1.96 in the upcoming year.
Albemarle Corp. (NYSE: ALB) Trading Performance Indicators
Let’s observe the current performance indicators for Albemarle Corp. (ALB). It’s Quick Ratio in the last reported quarter now stands at 1.75. The Stock has managed to achieve an average true range (ATR) of 3.96. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.51.
In the same vein, ALB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -4.73, a figure that is expected to reach -0.44 in the next quarter, and analysts are predicting that it will be 1.96 at the market close of one year from today.
Technical Analysis of Albemarle Corp. (ALB)
If we take a close look at the recent performances of Albemarle Corp. (NYSE: ALB), its last 5-days Average volume was 1.72 million that shows plunge from its year to date volume of 2.98 million. During the previous 9 days, stock’s Stochastic %D was recorded 57.72% While, its Average True Range was 3.81.
Raw Stochastic average of Albemarle Corp. (ALB) in the period of the previous 100 days is set at 50.29%, which indicates a major rise in contrast to 24.62% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 39.42% that was lower than 58.00% volatility it exhibited in the past 100-days period.
