LyondellBasell Industries NV (NYSE:LYB) currently has a daily average trading volume of 2.02M but it saw 1408222 shares traded in last market. With a market cap of 33.60B USD, the company’s current market price of $103.53 came falling about -1.17 while comparing to the previous closing price of $104.76. In past 52 weeks, the stock remained buoying in the range of price level as high as $106.69 and as low as $84.80.
Taking a look at 20-day trading activity of LyondellBasell Industries NV (LYB) gives us an average price of $102.30, while its current price level is -2.96% below from 52-week high level whereas it is 22.09% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $99.33 while that of 200 days or SMA-200 reads an average of $95.85. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.74% during that period while stretching the period over a month that decreases to 1.52%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 56.49 which implies that the stock is in neutral territory.
JP Morgan upgraded its recommendation for the stock as a “Overweight” from “Neutral” on February 05, 2024 while assigning a price target range of $95-$100. Deutsche Bank issued its recommendations for the stock as it downgraded the price target for the stock is $105.
Over the week, LYB’s stock price is moving -2.20% down while it is 2.85% when we observe its performance for the past one month. Year-to-date it is 8.89% up and over the past year, the stock is showing an upside performance of 9.01%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $1.39 beat the consensus estimate of $1.31 for the same. For LYB, analysts are forecasting an EPS-growth rate of -5.80% for current year and estimate for EPS growth in next year is 19.10%. In next quarter, company is expected to be making quarterly sales of $10.3 billion as analysts are expecting the sales for current fiscal year at $40.82 billion and seeing the company making $35.29 billion in sales next year. Moreover, analysts are in estimates of $9.7 billion for current-quarter revenue.
Currently, LyondellBasell Industries NV’s total number of outstanding shares is 324.48M with 20.40% of that held by the insiders while 72.67% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 8.54% and return on equity (ROE) at 16.59%. It has a price to earnings ratio (P/E ratio) of 16.01 while having a 10.46 of forward P/E ratio. Stock’s beta reads 1.17. Stock has a price to book (P/B) ratio of 2.60 while price to sale or P/S ratio amounts to 0.82. Its return on asset (ROA) is 5.78% on average.
