Element Solutions Inc (ESI) distance from 200-day Simple Moving Average is $24.98: Right on the Precipice

Witnessing the stock’s movement on the chart, on Wednesday, Element Solutions Inc (NYSE: ESI) had a quiet start as it plunged -0.29% to $27.61, before settling in for the price of $27.69 at the close. Taking a more long-term approach, ESI posted a 52-week range of $17.76-$28.68.

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

The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was 4.36%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 11.42%. This publicly-traded company’s shares outstanding now amounts to $241.53 million, simultaneously with a float of $221.98 million. The organization now has a market capitalization sitting at $6.69 billion. At the time of writing, stock’s 50-day Moving Average stood at $26.00, while the 200-day Moving Average is $24.98.

Element Solutions Inc (ESI) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Specialty Chemicals industry. Element Solutions Inc’s current insider ownership accounts for 8.33%, in contrast to 92.53% institutional ownership. According to the most recent insider trade that took place on Feb 28 ’24, this organization’s SVP, Electronics sold 9,500 shares at the rate of 23.40, making the entire transaction reach 222,300 in total value, affecting insider ownership by 36,229. Preceding that transaction, on Feb 13 ’24, Company’s Former EVP, Head of I&S sold 11,604 for 23.20, making the whole transaction’s value amount to 269,213. This particular insider is now the holder of 143,446 in total.

Element Solutions Inc (ESI) Earnings and Revenue Records

Element Solutions Inc’s EPS increase for this current 12-month fiscal period is 11.42% and is forecasted to reach 1.61 in the upcoming year.

Element Solutions Inc (NYSE: ESI) Trading Performance Indicators

Let’s observe the current performance indicators for Element Solutions Inc (ESI). It’s Quick Ratio in the last reported quarter now stands at 2.77. The Stock has managed to achieve an average true range (ATR) of 0.78. Alongside those numbers, its PE Ratio stands at $25.10, and its Beta score is 1.29. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.78. Similarly, its price to free cash flow for trailing twelve months is now 24.64.

In the same vein, ESI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.10, a figure that is expected to reach 0.35 in the next quarter, and analysts are predicting that it will be 1.61 at the market close of one year from today.

Technical Analysis of Element Solutions Inc (ESI)

Going through the that latest performance of [Element Solutions Inc, ESI]. Its last 5-days volume of 2.36 million indicated improvement to the volume of 1.38 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 78.74% While, its Average True Range was 0.84.

Raw Stochastic average of Element Solutions Inc (ESI) in the period of the previous 100 days is set at 80.04%, which indicates a major fall in contrast to 85.48% 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 42.43% that was higher than 36.49% volatility it exhibited in the past 100-days period.