Albemarle Corp (ALB) concluded trading on Thursday at a closing price of $76.48, with 3.77 million shares of worth about $288.33 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -9.08% during that period and on March 06, 2025 the price saw a gain of about 3.06%. Currently the company’s common shares owned by public are about 117.56M shares, out of which, 117.00M shares are available for trading.
Stock saw a price change of -3.15% in past 5 days and over the past one month there was a price change of -7.27%. Year-to-date (YTD), ALB shares are showing a performance of -11.15% which decreased to -42.58% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $67.23 but also hit the highest price of $137.50 during that period. The average intraday trading volume for Albemarle Corp shares is 2.38 million. The stock is currently trading -2.01% below its 20-day simple moving average (SMA20), while that difference is down -9.24% for SMA50 and it goes to -19.18% lower than SMA200.
Albemarle Corp (NYSE: ALB) currently have 117.56M outstanding shares and institutions hold larger chunk of about 97.95% of that.
The stock has a current market capitalization of $8.99B and its 3Y-monthly beta is at 1.61. 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 7.07% while standing at 4.95% 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.
