A new trading day began on Monday, with Albemarle Corp (NYSE: ALB) stock price up 1.42% from the previous day of trading, before settling in for the closing price of $57.73. ALB’s price has ranged from $49.43 to $137.50 over the past 52 weeks.
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Basic Materials Sector giant saw their annual sales surged by 20.16% over the last five years. Meanwhile, its annual earnings per share averaged 40.21%. With a float of $116.99 million, this company’s outstanding shares have now reached $117.56 million.
The firm has a total of 8300 workers. Let’s measure their productivity. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Chemicals Industry. The insider ownership of Albemarle Corp is 0.56%, while institutional ownership is 97.89%. 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 -0.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 40.21% per share during the next fiscal year.
Albemarle Corp (NYSE: ALB) Trading Performance Indicators
Here are Albemarle Corp’s current performance indicators. According to the last quarter’s results, the 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 -0.65 in the next quarter and is forecasted to reach 1.17 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 2.91 million was lower than the volume posted last year of 2.94 million. As of the previous 9 days, the stock’s Stochastic %D was 79.29%. Additionally, its Average True Range was 4.06.
During the past 100 days, Albemarle Corp’s (ALB) raw stochastic average was set at 14.14%, which indicates a significant decrease from 72.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 110.87% in the past 14 days, which was higher than the 62.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $69.79, while its 200-day Moving Average is $86.82. Now, the first resistance to watch is $60.10. This is followed by the second major resistance level at $61.64. The third major resistance level sits at $62.98. If the price goes on to break the first support level at $57.22, it is likely to go to the next support level at $55.88. Should the price break the second support level, the third support level stands at $54.34.
Albemarle Corp (NYSE: ALB) Key Stats
With a market capitalization of 6.89 billion, the company has a total of 117,651K Shares Outstanding. Currently, annual sales are 5,378 M while annual income is -1,179 M. The company’s previous quarter sales were 1,232 M while its latest quarter income was 75,290 K.
