Huntsman Corp (NYSE:HUN) currently has a daily average trading volume of 2.38M but it saw 3127688 shares traded in last market. With a market cap of 2.99B USD, the company’s current market price of $17.28 came falling about -1.03 while comparing to the previous closing price of $17.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $27.01 and as low as $15.95. In the recent trading on the day, stock has struck highest price mark of $16.76 while lowest mark touched by it was $17.49.
Taking a look at 20-day trading activity of Huntsman Corp (HUN) gives us an average price of $17.24, while its current price level is -36.02% below from 52-week high level whereas it is 8.34% 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 $18.39 while that of 200 days or SMA-200 reads an average of $21.80. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.78% during that period while stretching the period over a month that decreases to 2.59%. 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 43.20 which implies that the stock is in neutral territory.
JP Morgan upgraded its recommendation for the stock as a “Overweight” from “Underweight” on June 07, 2024 while assigning a price target range of $22-$27. Wells Fargo issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $25 and $32.
Over the week, HUN’s stock price is moving -0.46% down while it is -2.81% when we observe its performance for the past one month. Year-to-date it is -4.16% down and over the past year, the stock is showing a downside performance of -29.96%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of -0.1 while estimate for next year EPS is 0.07. In next quarter, company is expected to be making quarterly sales of $1.52B as analysts are expecting the sales for current fiscal year at $6.03B and seeing the company making $6.28B in sales next year. Moreover, analysts are in estimates of $1.45B for current-quarter revenue.
Currently, Huntsman Corp’s total number of outstanding shares is 172.14M with 5.75% of that held by the insiders while 86.23% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -2.14% and return on equity (ROE) at -3.21%. It has a 29.47 of forward P/E ratio. Stock’s beta reads 0.97. Stock has a price to book (P/B) ratio of 0.96 while price to sale or P/S ratio amounts to 0.50. Its return on asset (ROA) is -1.43% on average.
