LyondellBasell Industries NV (NYSE:LYB) currently has a daily average trading volume of 2.61M but it saw 4222946 shares traded in last market. With a market cap of 23.70B USD, the company’s current market price of $72.97 came falling about -2.45 while comparing to the previous closing price of $74.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $107.02 and as low as $74.60. In the recent trading on the day, stock has struck highest price mark of $72.96 while lowest mark touched by it was $75.4681.
Taking a look at 20-day trading activity of LyondellBasell Industries NV (LYB) gives us an average price of $78.75, while its current price level is -31.82% below from 52-week high level whereas it is -2.18% 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 $83.94 while that of 200 days or SMA-200 reads an average of $94.30. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.36% during that period while stretching the period over a month that decreases to 2.13%. 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 22.59 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 -4.21% down while it is -11.23% when we observe its performance for the past one month. Year-to-date it is -23.25% down and over the past year, the stock is showing a downside performance of -24.73%.
Currently, LyondellBasell Industries NV’s total number of outstanding shares is 324.75M. 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 11.11 while having a 9.07 of forward P/E ratio. Stock’s beta reads 1.06. Stock has a price to book (P/B) ratio of 1.73 while price to sale or P/S ratio amounts to 0.58. Its return on asset (ROA) is 5.81% on average.
