Westlake Corporation (NYSE: WLK) open the trading on Wednesday, with a bit cautious approach as it glided -1.05% to $78.00, before settling in for the price of $78.83 at the close. Taking a more long-term approach, WLK posted a 52-week range of $77.23-$161.31.
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The Basic Materials sector firm’s twelve-monthly sales growth has been 11.94% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 7.33%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -40.53%. This publicly-traded company’s shares outstanding now amounts to $128.24 million, simultaneously with a float of $32.95 million. The organization now has a market capitalization sitting at $10.00 billion. At the time of writing, stock’s 50-day Moving Average stood at $97.71, while the 200-day Moving Average is $122.44.
Westlake Corporation (WLK) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Specialty Chemicals industry. Westlake Corporation’s current insider ownership accounts for 74.31%, in contrast to 28.28% institutional ownership. According to the most recent insider trade that took place on Nov 29 ’24, this organization’s Director sold 1,750 shares at the rate of 129.08, making the entire transaction reach 225,888 in total value, affecting insider ownership by 7,784.
Westlake Corporation (WLK) Earnings and Revenue Records
Westlake Corporation’s EPS decrease for this current 12-month fiscal period is -40.53% and is forecasted to reach 5.84 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 14.70% through the next 5 years, which can be compared against the 7.33% growth it accomplished over the previous five years trading on the market.
Westlake Corporation (NYSE: WLK) Trading Performance Indicators
Let’s observe the current performance indicators for Westlake Corporation (WLK). It’s Quick Ratio in the last reported quarter now stands at 1.86. The Stock has managed to achieve an average true range (ATR) of 4.21. Alongside those numbers, its PE Ratio stands at $26.23, and its Beta score is 1.02. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.83. Similarly, its price to free cash flow for trailing twelve months is now 119.08.
In the same vein, WLK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.97, a figure that is expected to reach 1.10 in the next quarter, and analysts are predicting that it will be 5.84 at the market close of one year from today.
Technical Analysis of Westlake Corporation (WLK)
[Westlake Corporation, WLK] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 4.96% While, its Average True Range was 4.11.
Raw Stochastic average of Westlake Corporation (WLK) in the period of the previous 100 days is set at 2.25%, which indicates a major fall in contrast to 4.78% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 62.95% that was higher than 43.27% volatility it exhibited in the past 100-days period.
