Albemarle Corp (ALB) concluded trading on Wednesday at a closing price of $52.57, with 4.27 million shares of worth about $224.33 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -47.22% during that period and on April 16, 2025 the price saw a loss of about -2.67%. 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 -13.06% in past 5 days and over the past one month there was a price change of -33.03%. Year-to-date (YTD), ALB shares are showing a performance of -38.93% which decreased to -56.37% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $49.43 but also hit the highest price of $137.50 during that period. The average intraday trading volume for Albemarle Corp shares is 3.04 million. The stock is currently trading -20.24% below its 20-day simple moving average (SMA20), while that difference is down -27.82% for SMA50 and it goes to -40.44% lower than SMA200.
Albemarle Corp (NYSE: ALB) currently have 117.56M outstanding shares and institutions hold larger chunk of about 97.91% of that.
The stock has a current market capitalization of $6.18B and its 3Y-monthly beta is at 1.76. 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 6.99% while standing at 7.42% over the month.
Stock’s fiscal year EPS is expected to rise by 46.47% while it is estimated to increase by 226.88% 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.
