Albemarle Corp (NYSE: ALB) started the day on Thursday, with a price increase of 5.25% at $96.5, before settling in for the price of $91.69 at the close. Taking a more long-term approach, ALB posted a 52-week range of $49.43-$113.91.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 32.45%. This publicly-traded company’s shares outstanding now amounts to $117.67 million, simultaneously with a float of $116.64 million. The organization now has a market capitalization sitting at $11.36 billion. At the time of writing, stock’s 50-day Moving Average stood at $80.60, while the 200-day Moving Average is $73.67.
Albemarle Corp (ALB) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Specialty Chemicals Industry. Albemarle Corp’s current insider ownership accounts for 0.89%, in contrast to 97.16% 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.85 per share during the current fiscal year. Albemarle Corp’s EPS increase for this current 12-month fiscal period is 32.45% and is forecasted to reach 0.33 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 1.47. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.27.
In the same vein, ALB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -9.33, a figure that is expected to reach -0.91 in the next quarter, and analysts are predicting that it will be 0.33 at the market close of one year from today.
Technical Analysis of Albemarle Corp (ALB)
If we take a close look at the recent performances of Albemarle Corp (NYSE: ALB), its last 5-days Average volume was 3.27 million that shows plunge from its year to date volume of 3.58 million. During the previous 9 days, stock’s Stochastic %D was recorded 82.45% While, its Average True Range was 73.77.
Raw Stochastic average of Albemarle Corp (ALB) in the period of the previous 100 days is set at 92.72%, which indicates a major rise in contrast to 83.66% 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 4.69 that was higher than 3.35 volatility it exhibited in the past 100-days period.
