Albemarle Corp (NYSE: ALB) kicked off on Friday, down -12.02% from the previous trading day, before settling in for the closing price of $66.50. Over the past 52 weeks, ALB has traded in a range of $66.15-$137.50.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 20.16%. While this was happening, its average annual earnings per share was recorded 59.16%. With a float of $116.91 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
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 0.56%, while institutional ownership is 97.95%. 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
According to the Wall Street analysts, stocks earnings will be around 59.16% 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 1.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -11.20, a number that is poised to hit -0.51 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 3.12 million, which is a jump from its year-to-date volume of 2.6 million. As of the previous 9 days, the stock’s Stochastic %D was 10.11%. Additionally, its Average True Range was 3.87.
During the past 100 days, Albemarle Corp’s (ALB) raw stochastic average was set at 1.74%, which indicates a significant decrease from 4.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.42% in the past 14 days, which was higher than the 52.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $77.59, while its 200-day Moving Average is $89.88. However, in the short run, Albemarle Corp’s stock first resistance to watch stands at $63.15. Second resistance stands at $67.79. The third major resistance level sits at $70.60. If the price goes on to break the first support level at $55.70, it is likely to go to the next support level at $52.89. Now, if the price goes above the second support level, the third support stands at $48.25.
Albemarle Corp (NYSE: ALB) Key Stats
The company with the Market Capitalisation of 6.88 billion has total of 117,651K Shares Outstanding. Its annual sales at the moment are 5,378 M in contrast with the sum of -1,179 M annual income. Company’s last quarter sales were recorded 1,232 M and last quarter income was 75,290 K.
