Chemicals Stocks on the Move -- Dow Chemical, Huntsman, FMC Corp., Eastman Chemical, and LyondellBasell Industries Editor Note: For more information about this release, please scroll to bottom
LONDON, August 22, 2014 /PRNewswire/ --
On Thursday, August 21, 2014, the NASDAQ Composite ended at 4,532.10, up 0.12%, the Dow Jones Industrial Average advanced 0.36%, to finish the day at 17,039.49, and the S&P 500 closed at 1,992.37, up 0.29%. The gains were broad based with seven out of ten sectors ending the session in positive. The S&P 500 Materials Sector Index ended the day at 317.13, down 0.21%, whereas the index has advanced 4.80% in the previous three months. Investor-Edge has initiated coverage on the following equities: The Dow Chemical Company (NYSE: DOW), Huntsman Corporation (NYSE: HUN), FMC Corporation (NYSE: FMC), Eastman Chemical Company (NYSE: EMN), and LyondellBasell Industries N.V. (NYSE: LYB). Free research on these five companies can be accessed at:
The Dow Chemical Co.'s stock finished Thursday's session 0.43% lower at $53.07. A total of 3.62 million shares were traded, which was below its three months average volume of 6.37 million shares. The stock vacillated between $53.05 and $53.47 during the session. Over the last one month and over the previous three months, the Dow Chemical Co.'s shares have advanced 2.33% and 6.27%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside of 19.53%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $52.12 is greater than its 200-day moving average of $47.57. The Dow Chemical Co.'s stock traded at a PE ratio of 19.73 and has a Relative Strength Index (RSI) of 59.79. Sign up and read the free notes on DOW at:
On Thursday, shares in Huntsman Corp. fluctuated between $27.35 and $27.66 before ending the session 0.40% higher at $27.55. The stock reported a trading volume of 2.90 million shares, above its three months average volume of 2.55 million shares. Shares of the company traded at a PE ratio of 14.92. Huntsman Corp.'s shares have advanced 2.42% in the previous three trading sessions, 5.47% in the last three months, and 11.99% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $27.34 and $24.85, respectively. Moreover, shares of Huntsman Corp. have an RSI of 57.40. The complimentary notes on HUN can be downloaded as in PDF format at:
FMC Corp.'s stock edged 0.72% lower, to close the day at $65.94. The stock recorded a trading volume of 1.22 million shares, above its three months average volume of 1.12 million shares. The company's shares oscillated between $65.89 and $66.57 during the session. Over the last three trading sessions and over the past one month, FMC Corp.'s shares have fallen by 0.71% and 3.79%, respectively. Further, the stock has lost 12.62% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages, while the 200-day moving average of $73.50 is above FMC Corp.'s 50-day moving average of $69.37. Additionally, the stock traded at a PE ratio of 17.26 and has an RSI of 44.74. Register for free on Investor-Edge and access the latest research on FMC at:
On Thursday, shares in Eastman Chemical Co. recorded a trading volume of 0.57 million shares, lower than its three months average volume of 1.14 million shares. The stock ended the day at $81.99, which was 0.04% below its previous day's closing of $82.02, and registered an intraday range of $81.42 and $82.39. Shares of the company traded at a PE ratio of 9.16. Although Eastman Chemical Co.'s stock has advanced 0.90% in the previous three trading sessions, it has fallen by 5.33% in the last one month and 3.52% in the past three months. The stock is trading below its 50-day and 200-day moving averages of $85.05 and $82.83, respectively. Furthermore, shares of Eastman Chemical Co. have an RSI of 47.32. The complete research on EMN is available for free at:
Shares in LyondellBasell Industries N.V. edged 0.74% higher to end Thursday's session at $112.30. The stock recorded a trading volume of 1.89 million shares, below its three months average volume of 2.76 million shares. The company's shares fluctuated between $111.46 and $112.73 during the session. Shares of the company traded at a PE ratio of 14.96. LyondellBasell Industries N.V.'s shares have gained 39.89% since the start of this year. Further, the stock has advanced 1.03% over the previous three trading sessions and 10.95% in the last one month. The stock is trading above its 50-day and 200-day moving averages. LyondellBasell Industries N.V.'s 50-day moving average of $103.02 is above its 200-day moving average of $89.92. Additionally, the stock has an RSI of 73.50. Free in depth research on LYB is available at:
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