Huntsman Corp (NYSE:HUN) currently has a daily average trading volume of 2.81M but it saw 3893206 shares traded in last market. With a market cap of 3.08B USD, the company’s current market price of $17.81 came rising about 2.00 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 $15.46.
Taking a look at 20-day trading activity of Huntsman Corp (HUN) gives us an average price of $17.19, while its current price level is -34.06% below from 52-week high level whereas it is 15.20% 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 $17.25 while that of 200 days or SMA-200 reads an average of $20.93. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.01% during that period while stretching the period over a month that decreases to 4.24%. 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 56.45 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 5.32% up while it is 7.87% when we observe its performance for the past one month. Year-to-date it is -1.22% down and over the past year, the stock is showing a downside performance of -31.10%.
The company is expected to be releasing its next quarterly report in April, for which analysts forecasted an EPS of -0.08 while estimate for next year EPS is 0.22. In next quarter, company is expected to be making quarterly sales of $1.64B as analysts are expecting the sales for current fiscal year at $6.29B and seeing the company making $6.62B in sales next year. Moreover, analysts are in estimates of $1.51B for current-quarter revenue.
Currently, Huntsman Corp’s total number of outstanding shares is 172.14M with 5.95% of that held by the insiders while 87.73% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -3.36% and return on equity (ROE) at -5.22%. It has a 20.58 of forward P/E ratio. Stock’s beta reads 0.85. Stock has a price to book (P/B) ratio of 1.04 while price to sale or P/S ratio amounts to 0.51. Its return on asset (ROA) is -2.26% on average.
