LyondellBasell Industries NV (NYSE:LYB) currently has a daily average trading volume of 2.11M but it saw 1755274 shares traded in last market. With a market cap of 26.79B USD, the company’s current market price of $82.48 came rising about 0.34 while comparing to the previous closing price of $82.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $107.02 and as low as $81.91. In the recent trading on the day, stock has struck highest price mark of $81.45 while lowest mark touched by it was $82.58.
Taking a look at 20-day trading activity of LyondellBasell Industries NV (LYB) gives us an average price of $85.26, while its current price level is -22.93% below from 52-week high level whereas it is 0.70% 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 $90.44 while that of 200 days or SMA-200 reads an average of $96.21. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.28% during that period while stretching the period over a month that increases to 1.68%. 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 29.45 which implies that the stock is in oversold 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 -1.15% down while it is -7.85% when we observe its performance for the past one month. Year-to-date it is -13.25% down and over the past year, the stock is showing a downside performance of -14.40%.
Currently, LyondellBasell Industries NV’s total number of outstanding shares is 324.48M. Company’s return on investment (ROI) stands at 8.17% and return on equity (ROE) at 16.01%. It has a price to earnings ratio (P/E ratio) of 12.56 while having a 9.48 of forward P/E ratio. Stock’s beta reads 1.06. Stock has a price to book (P/B) ratio of 1.95 while price to sale or P/S ratio amounts to 0.66. Its return on asset (ROA) is 5.81% on average.
