Albemarle Corporation (NYSE:ALB) went up by 1.27% from its latest closing price when compared to the 1-year high value of $93.14 and move down -5.93%, while ALB stocks collected +1.13% of gains with the last five trading sessions. The Wall Street Journal reported on 02/11/20 that Tesla Pulls Up Lithium Producer Stocks
Albemarle Corporation (NYSE:ALB) Worth an Investment?
Albemarle Corporation (NYSE: ALB) scored price to earnings ratio above its average ratio, recording 16.94 times of increase in earnings at the present.
ALB Market Performance
ALB stocks went up by 1.13% for the week, with the monthly jump of 12.47% and a quarterly performance of 34.63%, while its annual performance rate touched 7.59%. The simple moving average for the period of the last 20 days is 6.50% for ALB stocks with the simple moving average of 26.06% for the last 200 days.
Analysts’ Opinion on Albemarle Corporation (NYSE:ALB)
Many brokerage firms have already submitted their reports for ALB stocks, with Robert W. Baird repeating the rating for ALB shares by setting it to “Neutral”. The predicted price for ALB socks in the upcoming period according to Robert W. Baird is $100 based on the research report published on February 5, 2020.
HSBC Securities, on the other hand, stated in their research note that they expect to see ALB stock at the price of $100. The rating they have provided for ALB stocks is “Hold” according to the report published on January 22, 2020.
Seaport Global Securities gave “ Neutral” rating to ALB stocks, setting the target price at $100 in the report published on November 14, 2019.
ALB Stocks 17.64% Far from 50 Day Moving Average
After a stumble in the market that brought ALB to its low price for the period of the last 52 weeks, Albemarle Corporation was unable to take a rebound, for now settling with -5.59% of loss for the given period.
The stock volatility was left at 3.04%, however, within the period of a single month, the volatility rate increased by 3.08%, while the shares surge at the distance of +9.75% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +35.19% upper at the present time.
In the course of the last 5 trading sessions, ALB went up by +1.13%, which changed the moving average for the period of 200 days to the total of +17.15% of gains for the stock in comparison to the 20-day moving average settled at $82.95. In addition, Albemarle Corporation saw 20.39% in overturn over the period of a single year with a tendency to cut further gains.
ALB Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Albemarle Corporation (ALB), starting from Tozier Scott, who sold 14,500 shares at the price of $80.13 back on Jan 15. After this action, Rushing now owns 52,425 shares of Albemarle Corporation, valued at $1,161,885 with the latest closing price.
Tozier Scott, the EVP & CFO of Albemarle Corporation, sold 2,753 shares at the value of $71.56 during a trade that took place back on Jan 07, which means that Tozier Scott is holding 52,425 shares at the value of $197,005 based on the most recent closing price.
ALB Stock Fundamentals
The current profitability levels are settled at +21.46 for the present operating margin and +36.18 for gross margin. The net margin for Albemarle Corporation stands at +20.55. Total capital return value is set at 13.03, while invested capital returns managed to touch 13.77. Equity return holds the value 15.40%, with 7.20% for asset returns.
Based on Albemarle Corporation (ALB), the company’s capital structure generated 47.56 points for debt to equity in total, while total debt to capital is set at the value of 32.23. Total debt to assets is settled at the value of 22.49 with long-term debt to equity ratio rests at 10.10 and long-term debt to capital is 38.99.
The value for Enterprise to Sales is 2.75 with debt to enterprise value settled at 0.17. The receivables turnover for Albemarle Corporation is 5.12 with the total asset turnover at the value of 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.69.