Witnessing the stock’s movement on the chart, on Wednesday, Albemarle Corp (NYSE: ALB) had a quiet start as it plunged -4.86% to $56.44, before settling in for the price of $59.32 at the close. Taking a more long-term approach, ALB posted a 52-week range of $49.43-$130.80.
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The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was 20.16%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 37.75%. This publicly-traded company’s shares outstanding now amounts to $117.65 million, simultaneously with a float of $116.99 million. The organization now has a market capitalization sitting at $6.64 billion. At the time of writing, stock’s 50-day Moving Average stood at $63.43, while the 200-day Moving Average is $83.90.
Albemarle Corp (ALB) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Specialty Chemicals industry. Albemarle Corp’s current insider ownership accounts for 0.57%, in contrast to 96.69% institutional ownership. According to the most recent insider trade that took place on Dec 05 ’24, this organization’s Chairman & CEO sold 2,525 shares at the rate of 101.12, making the entire transaction reach 255,328 in total value, affecting insider ownership by 73,747.
Albemarle Corp (ALB) Earnings and Revenue Records
Albemarle Corp’s EPS increase for this current 12-month fiscal period is 37.75% and is forecasted to reach 0.75 in the upcoming year.
Albemarle Corp (NYSE: ALB) Trading Performance Indicators
Let’s observe the current performance indicators for Albemarle Corp (ALB). It’s Quick Ratio in the last reported quarter now stands at 1.26. The Stock has managed to achieve an average true range (ATR) of 3.09. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.30.
In the same vein, ALB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -11.12, a figure that is expected to reach -0.67 in the next quarter, and analysts are predicting that it will be 0.75 at the market close of one year from today.
Technical Analysis of Albemarle Corp (ALB)
Going through the that latest performance of [Albemarle Corp, ALB]. Its last 5-days volume of 3.21 million indicated improvement to the volume of 3.02 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 28.42% While, its Average True Range was 2.84.
Raw Stochastic average of Albemarle Corp (ALB) in the period of the previous 100 days is set at 14.12%, which indicates a major rise in contrast to 10.00% 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 42.03% that was lower than 60.71% volatility it exhibited in the past 100-days period.
