LyondellBasell Industries N.V. (NYSE:LYB) went up by 1.48% from its latest closing price compared to the recent 1-year high of $118.01. The company’s stock price has collected 4.83% of gains in the last five trading sessions. Press Release reported on 01/12/22 that STARBOARD NOMINATES SLATE OF HIGHLY QUALIFIED DIRECTOR CANDIDATES FOR ELECTION AT HUNTSMAN’S 2022 ANNUAL MEETING
Is It Worth Investing in LyondellBasell Industries N.V. (NYSE :LYB) Right Now?
LyondellBasell Industries N.V. (NYSE:LYB) scored a price-to-earnings ratio above its average ratio, recording 5.90 x from its present earnings ratio. Plus, the 36-month beta value for LYB is at 1.45.
The average price from analysts is $111.43, which is $9.78 above the current price. LYB currently public float of 261.67M and currently shorts hold a 1.97% ratio of that float. Today, the average trading volume of LYB was 2.20M shares.
LYB’s Market Performance
LYB stocks went up by 4.83% for the week, with a monthly jump of 13.69% and a quarterly performance of 3.09%, while its annual performance rate touched 2.53%. The volatility ratio for the week stands at 2.20% while the volatility levels for the past 30 days are set at 2.37% for LyondellBasell Industries N.V.. The simple moving average for the period of the last 20 days is 9.18% for LYB stocks with a simple moving average of 1.77% for the last 200 days.
Analysts’ Opinion of LYB
Many brokerage firms have already submitted their reports for LYB stocks, with HSBC Securities repeating the rating for LYB by listing it as a “Buy.” The predicted price for LYB in the upcoming period, according to HSBC Securities is $112 based on the research report published on December 10th of the previous year 2021.
Mizuho, on the other hand, stated in their research note that they expect to see LYB reach a price target of $125. The rating they have provided for LYB stocks is “Buy” according to the report published on October 13th, 2021.
LYB Trading at 10.52% from the 50-Day Moving Average
After a stumble in the market that brought LYB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.10% of loss for the given period.
Volatility was left at 2.37%, however, over the last 30 days, the volatility rate increased by 2.20%, as shares surge +16.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.42% upper at present.
During the last 5 trading sessions, LYB rose by +4.83%, which changed the moving average for the period of 200-days by -2.58% in comparison to the 20-day moving average, which settled at $93.56. In addition, LyondellBasell Industries N.V. saw 9.91% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at LYB starting from Patel Bhavesh V., who sale 1,406 shares at the price of $118.00 back on Jun 03. After this action, Patel Bhavesh V. now owns 187,500 shares of LyondellBasell Industries N.V., valued at $165,910 using the latest closing price.
Guilfoyle James D, the EVP, Adv Polymer Sol & Sup Chn of LyondellBasell Industries N.V., sale 610 shares at $110.16 during a trade that took place back on May 05, which means that Guilfoyle James D is holding 31,409 shares at $67,198 based on the most recent closing price.
Stock Fundamentals for LYB
Equity return is now at value 58.70, with 15.60 for asset returns.