Albemarle Corp (NYSE: ALB) kicked off on Monday, up 0.21% from the previous trading day, before settling in for the closing price of $52.91. Over the past 52 weeks, ALB has traded in a range of $49.43-$137.50.
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Annual sales at Basic Materials sector company grew by 20.16% over the past five years. While this was happening, its average annual earnings per share was recorded 45.42%. With a float of $116.99 million, this company’s outstanding shares have now reached $117.56 million.
Let’s look at the performance matrix of the company that is accounted 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) Insider Updates
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 97.85%. 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 -0.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 45.42% 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 1.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -11.20, a number that is poised to hit -0.57 in the next quarter and is forecasted to reach 1.59 in one year’s time.
Technical Analysis of Albemarle Corp (ALB)
Albemarle Corp (NYSE: ALB) saw its 5-day average volume 3.46 million, a positive change from its year-to-date volume of 2.94 million. As of the previous 9 days, the stock’s Stochastic %D was 25.05%. Additionally, its Average True Range was 4.53.
During the past 100 days, Albemarle Corp’s (ALB) raw stochastic average was set at 5.57%, which indicates a significant decrease from 14.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 120.26% in the past 14 days, which was higher than the 61.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $71.77, while its 200-day Moving Average is $87.82. Nevertheless, the first resistance level for the watch stands at $53.87 in the near term. At $54.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $56.23. If the price goes on to break the first support level at $51.51, it is likely to go to the next support level at $50.00. Assuming the price breaks the second support level, the third support level stands at $49.15.
Albemarle Corp (NYSE: ALB) Key Stats
The company with the Market Capitalisation of 6.24 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.
