Albemarle Corp (NYSE:ALB) shares, rose in value, with the stock price up by 1.08% to the previous day’s close as strong demand from buyers drove the stock to $53.14.
Actively observing the price movement in the recent trading, the stock is buoying the session at $52.57, falling within a range of $52.688 and $53.83. The value of beta (5-year monthly) is 1.595. Referring to stock’s 52-week performance, its high was $137.50, and the low was $49.43. On the whole, ALB has fluctuated by -33.15% over the past month.
With the market capitalization of Albemarle Corp currently standing at about $6.25 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-11. The company’s Forward Dividend Ratio is 1.62, with its dividend yield at 3.04%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.05B, with a low estimate of 957.7M and a high estimate of 1.27B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.17B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ALB’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of ALB currently trading nearly -17.89% and -26.50% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.77, while the 7-day volatility ratio is showing 6.99% which for the 30-day chart, stands at 7.42%. Furthermore, Albemarle Corp (ALB)’s beta value is 1.77, and its average true range (ATR) is 4.65.
A comparison of Albemarle Corp (ALB) with its peers suggests the former has fared considerably weaker in the market. ALB showed an intraday change of 1.08% in today’s session so far, and over the past year, it shrunk by -53.43%%.
Data on historical trading for Albemarle Corp (NYSE:ALB) indicates that the trading volumes over the past 10 days have averaged 5.47 and over the past 3 months, they’ve averaged 3.07 million. According to company’s latest data on outstanding shares, there are 117.56 million shares outstanding.
Nearly 0.56% of Albemarle Corp’s shares belong to company insiders and institutional investors own 97.91% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 12.97 million shares as on 2025-03-31, resulting in a short ratio of 4.93. According to the data, the short interest in Albemarle Corp (ALB) stood at 1663.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 12.01 million. The stock has fallen by -38.27% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ALB stock heading into the next quarter.
