Albemarle Corp (NYSE: ALB) kicked off on Tuesday, up 2.92% from the previous trading day, before settling in for the closing price of $81.21. Over the past 52 weeks, ALB has traded in a range of $71.97-$143.19.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 21.74%. While this was happening, its average annual earnings per share was recorded 67.59%. With a float of $116.93 million, this company’s outstanding shares have now reached $117.57 million.
Let’s determine the extent of company efficiency that accounts for 9000 employees. In terms of profitability, gross margin is 1.11%, operating margin of -26.77%, and the pretax margin is -32.8%.
Albemarle Corp (ALB) Breakdown of a Key Holders of the stock
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 0.55%, while institutional ownership is 98.00%. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 67.59% 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 1.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -11.20, a number that is poised to hit -0.48 in the next quarter and is forecasted to reach 2.18 in one year’s time.
Technical Analysis of Albemarle Corp (ALB)
Looking closely at Albemarle Corp (NYSE: ALB), its last 5-days average volume was 3.47 million, which is a jump from its year-to-date volume of 2.5 million. As of the previous 9 days, the stock’s Stochastic %D was 84.30%. Additionally, its Average True Range was 3.60.
During the past 100 days, Albemarle Corp’s (ALB) raw stochastic average was set at 26.08%, which indicates a significant decrease from 74.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.44% in the past 14 days, which was lower than the 49.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $89.71, while its 200-day Moving Average is $97.73. However, in the short run, Albemarle Corp’s stock first resistance to watch stands at $85.34. Second resistance stands at $87.10. The third major resistance level sits at $90.09. If the price goes on to break the first support level at $80.59, it is likely to go to the next support level at $77.60. Now, if the price goes above the second support level, the third support stands at $75.84.
Albemarle Corp (NYSE: ALB) Key Stats
The company with the Market Capitalisation of 9.83 billion has total of 117,573K 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.
