On Tuesday, Albemarle Corp (NYSE: ALB) opened lower -0.45% from the last session, before settling in for the closing price of $68.56. Price fluctuations for ALB have ranged from $49.43 to $113.91 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 25.95% at the time writing. With a float of $116.59 million, this company’s outstanding shares have now reached $117.67 million.
Let’s determine the extent of company efficiency that accounts for 8300 employees. In terms of profitability, gross margin is 7.76%, operating margin of -20.77%, and the pretax margin is -21.06%.
Albemarle Corp (ALB) Insider Activity
A key investor’s attitude towards the stock of the Specialty Chemicals industry is another important factor to consider. The insider ownership of Albemarle Corp is 0.91%, while institutional ownership is 96.76%. 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 -0.87 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 25.95% per share during the next fiscal year.
Albemarle Corp (NYSE: ALB) Trading Performance Indicators
Check out the current performance indicators for Albemarle Corp (ALB). In the past quarter, the stock posted a quick ratio of 1.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -9.33, a number that is poised to hit -0.74 in the next quarter and is forecasted to reach -0.02 in one year’s time.
Technical Analysis of Albemarle Corp (ALB)
Looking closely at Albemarle Corp (NYSE: ALB), its last 5-days average volume was 4.64 million, which is a jump from its year-to-date volume of 3.46 million. As of the previous 9 days, the stock’s Stochastic %D was 15.47%.
During the past 100 days, Albemarle Corp’s (ALB) raw stochastic average was set at 51.20%, which indicates a significant increase from 15.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 3.92 in the past 14 days, which was higher than the 3.16 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $66.18, while its 200-day Moving Average is $78.20.
