Albemarle Corp (ALB) concluded trading on Thursday at a closing price of $78.97, with 3.5 million shares of worth about $276.33 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -11.21% during that period and on February 27, 2025 the price saw a gain of about 1.86%. Currently the company’s common shares owned by public are about 117.56M shares, out of which, 116.99M shares are available for trading.
Stock saw a price change of -4.29% in past 5 days and over the past one month there was a price change of -8.07%. Year-to-date (YTD), ALB shares are showing a performance of -8.26% which decreased to -35.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $71.97 but also hit the highest price of $143.19 during that period. The average intraday trading volume for Albemarle Corp shares is 2.20 million. The stock is currently trading -1.52% below its 20-day simple moving average (SMA20), while that difference is down -8.58% for SMA50 and it goes to -17.78% lower than SMA200.
Albemarle Corp (NYSE: ALB) currently have 117.56M outstanding shares and institutions hold larger chunk of about 97.99% of that.
The stock has a current market capitalization of $9.28B and its 3Y-monthly beta is at 1.70. It has posted earnings per share of -$11.20 in the same period. It has Quick Ratio of 1.19 while making debt-to-equity ratio of 0.37. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ALB, volatility over the week remained 3.82% while standing at 3.99% over the month.
Stock’s fiscal year EPS is expected to rise by 61.14% while it is estimated to increase by 331.52% in next year.
Coverage by Truist stated Albemarle Corp (ALB) stock as a Hold in their note to investors on January 28, 2025, suggesting a price target of $96 for the stock. On January 14, 2025, Clarksons Platou Initiated their recommendations, while on August 05, 2024, Robert W. Baird Downgrade their ratings for the stock with a price target of $85. Stock get a Hold rating from Berenberg on July 31, 2024.
