On Tuesday, Albemarle Corp (NYSE: ALB) opened lower -2.00% from the last session, before settling in for the closing price of $99.54. Price fluctuations for ALB have ranged from $71.97 to $153.54 over the past 52 weeks.
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Annual sales at Basic Materials sector company grew by 30.25% over the past five years. Company’s average yearly earnings per share was noted -107.98% at the time writing. With a float of $117.08 million, this company’s outstanding shares have now reached $117.54 million.
Let’s look at the performance matrix of the company that is accounted for 9000 employees. 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 Updates
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 0.39%, while institutional ownership is 97.88%. The most recent insider transaction that took place on Dec 05 ’24, was worth 255,328. In this transaction Chairman & CEO of this company sold 2,525 shares at a rate of $101.12, taking the stock ownership to the 73,747 shares. Before that another transaction happened on Dec 05 ’24, when Company’s Officer proposed sale 2,525 for $102.61, making the entire transaction worth $259,090.
Albemarle Corp (ALB) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -107.98% 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 1.76.
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 0.62 in one year’s time.
Technical Analysis of Albemarle Corp (ALB)
Albemarle Corp (NYSE: ALB) saw its 5-day average volume 1.53 million, a negative change from its year-to-date volume of 2.87 million. As of the previous 9 days, the stock’s Stochastic %D was 9.00%. Additionally, its Average True Range was 4.46.
During the past 100 days, Albemarle Corp’s (ALB) raw stochastic average was set at 60.99%, which indicates a significant increase from 6.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.33% in the past 14 days, which was lower than the 58.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $101.75, while its 200-day Moving Average is $104.75. Nevertheless, the first resistance level for the watch stands at $99.77 in the near term. At $101.98, the stock is likely to face the second major resistance level. The third major resistance level sits at $103.66. If the price goes on to break the first support level at $95.88, it is likely to go to the next support level at $94.20. Assuming the price breaks the second support level, the third support level stands at $91.99.
Albemarle Corp (NYSE: ALB) Key Stats
There are currently 117,540K shares outstanding in the company with a market cap of 11.47 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.
