As on Wednesday, Albemarle Corp (NYSE: ALB) got off with the flyer as it spiked 2.91% to $109.55, before settling in for the price of $106.45 at the close. Taking a more long-term approach, ALB posted a 52-week range of $71.97-$153.54.
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It was noted that the giant of the Basic Materials sector posted annual sales growth of 30.25% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 16.09%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -107.06%. This publicly-traded company’s shares outstanding now amounts to $117.36 million, simultaneously with a float of $117.02 million. The organization now has a market capitalization sitting at $12.88 billion. At the time of writing, stock’s 50-day Moving Average stood at $96.99, while the 200-day Moving Average is $106.27.
Albemarle Corp (ALB) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Specialty Chemicals industry. Albemarle Corp’s current insider ownership accounts for 0.44%, in contrast to 92.25% institutional ownership. According to the most recent insider trade that took place on Nov 19 ’24, this organization’s Chief Operations Officer sold 1,060 shares at the rate of 106.04, making the entire transaction reach 112,403 in total value, affecting insider ownership by 30,360.
Albemarle Corp (ALB) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.27 per share during the current fiscal year.
Albemarle Corp’s EPS decrease for this current 12-month fiscal period is -107.06% and is forecasted to reach 0.91 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 1.58. The Stock has managed to achieve an average true range (ATR) of 5.04. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.98.
In the same vein, ALB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -16.75, a figure that is expected to reach -0.64 in the next quarter, and analysts are predicting that it will be 0.91 at the market close of one year from today.
Technical Analysis of Albemarle Corp (ALB)
Through scrutinizing the latest numbers posted by the [Albemarle Corp, ALB], it can be observed that its last 5-days Average volume of 2.17 million was lower the volume of 2.96 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 71.58% While, its Average True Range was 5.21.
Raw Stochastic average of Albemarle Corp (ALB) in the period of the previous 100 days is set at 94.85%, which indicates a major rise in contrast to 88.85% 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 65.16% that was higher than 59.57% volatility it exhibited in the past 100-days period.
