Albemarle Corporation (ALB): How investors can get the most out of their investments

Albemarle Corporation (ALB) is priced at $252.35 after the most recent trading session. At the very opening of the session, the stock price was $272.76 and reached a high price of $273.0871, prior to closing the session it reached the value of $267.96. The stock touched a low price of $267.37.Recently in News on August 30, 2022, Albemarle Announces New Global Business Unit Alignment. Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced that it will realign its Bromine and Lithium global business units (GBU) into a new corporate structure designed to better meet customer needs and foster talent required to deliver in a competitive global environment. The move follows the recent announcement of the company’s decision to reorganize Catalyst under a to-be-named, wholly owned subsidiary. You can read further details here

Albemarle Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $298.17 on 08/25/22, with the lowest value was $169.93 for the same time period, recorded on 02/24/22.

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Albemarle Corporation (ALB) full year performance was 13.19%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Albemarle Corporation shares are logging -15.37% during the 52-week period from high price, and 48.50% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $169.93 and $298.17.

The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 827256 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Albemarle Corporation (ALB) recorded performance in the market was 14.63%, having the revenues showcasing 11.59% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 32.21B, as it employees total of 6000 workers.

Market experts do have their say about Albemarle Corporation (ALB)

During the last month, 13 analysts gave the Albemarle Corporation a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 231.72, with a change in the price was noted +42.65. In a similar fashion, Albemarle Corporation posted a movement of +20.21% for the period of last 100 days, recording 1,314,127 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ALB is recording 0.57 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.53.

Technical breakdown of Albemarle Corporation (ALB)

Raw Stochastic average of Albemarle Corporation in the period of last 50 days is set at 59.13%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 32.96%. In the last 20 days, the company’s Stochastic %K was 50.45% and its Stochastic %D was recorded 64.34%.

Bearing in mind the latest performance of Albemarle Corporation, several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 14.63%. Additionally, trading for the stock in the period of the last six months notably improved by 40.21%, alongside a boost of 13.19% for the period of the last 12 months. The shares increased approximately by -6.92% in the 7-day charts and went down by 9.87% in the period of the last 30 days. Common stock shares were driven by 11.59% during last recorded quarter.

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