Albemarle Corp (NYSE: ALB) on Tuesday, plunged -3.22% from the previous trading day, before settling in for the closing price of $81.03. Within the past 52 weeks, ALB’s price has moved between $71.97 and $143.19.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 21.74%. The company achieved an average annual earnings per share of 61.36%. With a float of $117.00 million, this company’s outstanding shares have now reached $117.56 million.
Let’s determine the extent of company efficiency that accounts for 8300 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
Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. The insider ownership of Albemarle Corp is 0.49%, while institutional ownership is 97.97%. 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 -0.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 61.36% per share during the next fiscal year.
Albemarle Corp (NYSE: ALB) Trading Performance Indicators
Albemarle Corp (ALB) is currently performing well based on its current performance indicators. A quick ratio of 1.19 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -11.20, a number that is poised to hit -0.50 in the next quarter and is forecasted to reach 2.08 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 2.26 million, which is a drop from its year-to-date volume of 2.46 million. As of the previous 9 days, the stock’s Stochastic %D was 58.94%. Additionally, its Average True Range was 3.47.
During the past 100 days, Albemarle Corp’s (ALB) raw stochastic average was set at 13.50%, which indicates a significant decrease from 46.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.29% in the past 14 days, which was lower than the 46.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $87.40, while its 200-day Moving Average is $96.59. However, in the short run, Albemarle Corp’s stock first resistance to watch stands at $80.74. Second resistance stands at $83.05. The third major resistance level sits at $85.08. If the price goes on to break the first support level at $76.40, it is likely to go to the next support level at $74.37. Now, if the price goes above the second support level, the third support stands at $72.06.
Albemarle Corp (NYSE: ALB) Key Stats
Market capitalization of the company is 9.22 billion based on 117,573K outstanding shares. Right now, sales total 5,378 M and income totals -1,179 M. The company made 1,232 M in profit during its latest quarter, and 75,290 K in sales during its previous quarter.
