On Tuesday, Albemarle Corp (NYSE: ALB) opened lower -2.90% from the last session, before settling in for the closing price of $109.98. Price fluctuations for ALB have ranged from $71.97 to $153.54 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 30.25%. Company’s average yearly earnings per share was noted -107.06% at the time writing. With a float of $117.05 million, this company’s outstanding shares have now reached $117.36 million.
The extent of productivity of a business whose workforce counts for 9000 workers is very important to gauge. In terms of profitability, gross margin is -11.83%, operating margin of -35.96%, and the pretax margin is -42.47%.
Albemarle Corp (ALB) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Specialty Chemicals industry is another important factor to consider. The insider ownership of Albemarle Corp is 0.42%, while institutional ownership is 92.14%. The most recent insider transaction that took place on Nov 19 ’24, was worth 112,403. In this transaction Chief Operations Officer of this company sold 1,060 shares at a rate of $106.04, taking the stock ownership to the 30,360 shares. Before that another transaction happened on Nov 19 ’24, when Company’s Officer proposed sale 1,060 for $106.04, making the entire transaction worth $112,399.
Albemarle Corp (ALB) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.85 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.11) by 0.74. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -107.06% per share during the next fiscal year.
Albemarle Corp (NYSE: ALB) Trading Performance Indicators
Check out the current performance indicators for Albemarle Corp (ALB). In the past quarter, the stock posted a quick ratio of 1.58. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -16.75, a number that is poised to hit -0.64 in the next quarter and is forecasted to reach 0.91 in one year’s time.
Technical Analysis of Albemarle Corp (ALB)
The latest stats from [Albemarle Corp, ALB] show that its last 5-days average volume of 1.9 million was inferior to 2.94 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 73.27%. Additionally, its Average True Range was 4.74.
During the past 100 days, Albemarle Corp’s (ALB) raw stochastic average was set at 87.64%, which indicates a significant increase from 71.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.84% in the past 14 days, which was higher than the 59.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $98.57, while its 200-day Moving Average is $106.11. Now, the first resistance to watch is $108.84. This is followed by the second major resistance level at $110.88. The third major resistance level sits at $112.12. If the price goes on to break the first support level at $105.56, it is likely to go to the next support level at $104.32. The third support level lies at $102.28 if the price breaches the second support level.
Albemarle Corp (NYSE: ALB) Key Stats
There are currently 117,540K shares outstanding in the company with a market cap of 12.55 billion. Presently, the company’s annual sales total 9,617 M according to its annual income of 1,573 M. Last quarter, the company’s sales amounted to 1,355 M and its income totaled -1,069 M.
