Element Solutions Inc (ESI) concluded trading on Wednesday at a closing price of $26.91, with 7.57 million shares of worth about $203.79 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 12.97% during that period and on October 23, 2024 the price saw a gain of about 9.21%. Currently the company’s common shares owned by public are about 241.53M shares, out of which, 221.98M shares are available for trading.
Stock saw a price change of 5.57% in past 5 days and over the past one month there was a price change of 2.99%. Year-to-date (YTD), ESI shares are showing a performance of 16.29% which increased to 48.02% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $17.57 but also hit the highest price of $28.68 during that period. The average intraday trading volume for Element Solutions Inc shares is 1.18 million. The stock is currently trading 3.39% above its 20-day simple moving average (SMA20), while that difference is up 4.15% for SMA50 and it goes to 8.23% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Element Solutions Inc (NYSE: ESI) currently have 241.53M outstanding shares and institutions hold larger chunk of about 92.39% of that.
The stock has a current market capitalization of $6.52B and its 3Y-monthly beta is at 1.29. PE ratio of stock for trailing 12 months is 33.54, while it has posted earnings per share of $0.80 in the same period. Its PEG reads 2.71 and has Quick Ratio of 2.60 while making debt-to-equity ratio of 0.81. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ESI, volatility over the week remained 4.12% while standing at 2.63% over the month.
Stock’s fiscal year EPS is expected to rise by 11.47% while it is estimated to increase by 12.38% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Seaport Research Partners on October 14, 2024 offering a Buy rating for the stock and assigned a target price of $33 to it. On June 20, 2023, BMO Capital Markets Initiated their recommendations, while on October 13, 2022, Goldman Initiated their ratings for the stock with a price target of $20. Stock get an Underperform rating from Credit Suisse on October 06, 2022.
