Albemarle Corp (NYSE: ALB) kicked off on Tuesday, down -3.24% from the previous trading day, before settling in for the closing price of $88.78. Over the past 52 weeks, ALB has traded in a range of $71.97-$143.19.
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Basic Materials Sector giant saw their annual sales surged by 36.22% over the last five years. While this was happening, its average annual earnings per share was recorded -108.49%. With a float of $117.03 million, this company’s outstanding shares have now reached $117.54 million.
The firm has a total of 9000 workers. Let’s measure their productivity. 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 Activity
Our next focus will be how large-scale investors are participating in this stock of the Specialty Chemicals Industry. The insider ownership of Albemarle Corp is 0.43%, while institutional ownership is 98.45%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.54 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -108.49% per share during the next fiscal year.
Albemarle Corp (NYSE: ALB) Trading Performance Indicators
Take a look at Albemarle Corp’s (ALB) current performance indicators. Last quarter, stock had a quick ratio of 1.58. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -16.75, a number that is poised to hit -0.69 in the next quarter and is forecasted to reach -0.07 in one year’s time.
Technical Analysis of Albemarle Corp (ALB)
Analysing the last 5-days average volume posted by the [Albemarle Corp, ALB], we can find that recorded value of 2.5 million was better than the volume posted last year of 2.19 million. As of the previous 9 days, the stock’s Stochastic %D was 13.91%. Additionally, its Average True Range was 3.48.
During the past 100 days, Albemarle Corp’s (ALB) raw stochastic average was set at 27.34%, which indicates a significant increase from 7.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.79% in the past 14 days, which was lower than the 54.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $97.25, while its 200-day Moving Average is $100.32. Now, the first resistance to watch is $87.80. This is followed by the second major resistance level at $89.69. The third major resistance level sits at $91.03. If the price goes on to break the first support level at $84.57, it is likely to go to the next support level at $83.23. Should the price break the second support level, the third support level stands at $81.34.
Albemarle Corp (NYSE: ALB) Key Stats
The company with the Market Capitalisation of 10.10 billion has total of 117,540K Shares Outstanding. Its annual sales at the moment are 9,617 M in contrast with the sum of 1,573 M annual income. Company’s last quarter sales were recorded 1,355 M and last quarter income was -1,069 M.
