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The Element Solutions Inc (NYSE:ESI) is going down by -0.56% in today’s trading session, a fall equivalent to -0.06% of the stock’s price from yesterday’s market close. A news came out on 11/07/19 stating that Element Solutions Inc Announces 2019 Third Quarter Financial Results by WSJ. The lowest point that the shares touched during the trading session was $11.67, while the peak of the day was recorded at a share price of $11.81. ESI finished the previous session at $11.69 according to the data provided by Barchart, while the trading volume was observed to be $651199.

In the 100 days of trading, ESI managed to top a 10.29% Moving average. Additionally, Element Solutions Inc shares have achieved a 52-week range between 8.55 and 12.74 alongside 100 days raw stochastic set at 79.69%.

The number of shares outstanding, according to the fundamentals of the company, is set at 253.46M, equal to the value of $2.96B in market capitalization. In the last 30 days, Element Solutions Inc shares went down by -6.35%, adding 12.44 to growth in value, on top of a +3.10% boost since 11/01/19.

Element Solutions Inc (NYSE:ESI) Analyst’s Estimates

Element Solutions Inc (ESI) could record at least $0.20 per share in quarterly earnings in the upcoming report on 03/03/2020, a number that would actually represent an increase of 0.95 YOY.

According to the average analyst rating, Element Solutions Inc would be rated as Overweight. Out of 8 different analysts monitoring ESI stock, 4 analysts rate the stock as a BUY, 4 suggest to give the rating of HOLD, 0 indicate that ESI is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.

ESI Key Ratios To Watch:

Taking in account the profitability of the Company, gross profit margin of +42.72% has been attained, while the operating margin has been recorded at +12.99%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at -0.80%. Beta value of the stock is recorded at 2.16. Additionally, Element Solutions Inc is recording price volatility of 1.67% for the period of the last seven days and 2.84% in the last 30 days.

Element Solutions Inc (NYSE:ESI) Technical Outlook

For the period of the last 50 days, Element Solutions Inc had its Raw Stochastic average set at 74.88% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 30.70%. Stochastic %K for Element Solutions Inc, with the last 20 days included, was set at 49.60%, having Stochastic %D topping 58.88%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Element Solutions Inc stocks with recording 13.17% in metrics.

Element Solutions Inc Insider Watch:

Similarly, 61.37% of the company’s float is held by institutions – and there are 70 institutions in total holding shares of this company. The top three institutional holders of ESI stocks are: Vanguard Group, Inc. (The) with ownership of $262.75 million, which is approximately 25810445 of the company’s shares; Dimensional Fund Advisors LP, holding 17462752 shares of the stock with an approximate value of $177.77 million; and Barrow, Hanley Mewhinney & Strauss, LLC, currently with more than 17196583 shares of the company valued at $175.06 million. Positions in Element Solutions Inc stocks held by institutional investors has been changing actively in the past six months, a period during which there were 8 insider purchases amounting to 246288 shares. Similarly, there were 1 sale transactions amounting to 28764 shares, with the net shares purchased during the last six months reaching 217,524.