Element Solutions Inc (NYSE: ESI) Emerges As Guiding Light For Investors

Element Solutions Inc (NYSE:ESI) currently has a daily average trading volume of 1.36M but it saw 1420950 shares traded in last market. With a market cap of 6.69B USD, the company’s current market price of $27.61 came falling about -0.29 while comparing to the previous closing price of $27.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $28.68 and as low as $17.76. In the recent trading on the day, stock has struck highest price mark of $27.58 while lowest mark touched by it was $28.075.

Taking a look at 20-day trading activity of Element Solutions Inc (ESI) gives us an average price of $26.09, while its current price level is -3.75% below from 52-week high level whereas it is 55.46% 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 $26.00 while that of 200 days or SMA-200 reads an average of $24.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.15% during that period while stretching the period over a month that decreases to 2.84%. 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 63.42 which implies that the stock is in neutral territory.

Over the week, ESI’s stock price is moving 2.60% up while it is 3.14% when we observe its performance for the past one month. Year-to-date it is 19.32% up and over the past year, the stock is showing an upside performance of 51.70%.

Currently, Element Solutions Inc’s total number of outstanding shares is 241.53M. Company’s return on investment (ROI) stands at 6.12% and return on equity (ROE) at 11.38%. It has a price to earnings ratio (P/E ratio) of 25.10 while having a 17.10 of forward P/E ratio. Stock’s beta reads 1.29. Stock has a price to book (P/B) ratio of 2.74 while price to sale or P/S ratio amounts to 2.78. Its return on asset (ROA) is 5.28% on average.