NEW YORK, April 5, 2017 /PRNewswire/ --
Today, Stock-Callers.com takes a closer look at The Chemours Co. (NYSE: CC), Olin Corp. (NYSE: OLN), PPG Industries Inc. (NYSE: PPG), and Albemarle Corp. (NYSE: ALB). According to a NASDAQ report, the American Chemistry Council, an industry trade group, envisions national chemical production to rise 3.6% in 2017, further accelerating to a 4.8% growth in 2018. Moreover, production in the Specialties Chemical segment is expected to pick up pace and rise 3% in 2017. These stocks research reports can be downloaded now by simply registering for free at:
Wilmington, Delaware headquartered The Chemours Co.'s stock finished Tuesday's session 0.03% higher at $38.19. A total volume of 2.20 million shares was traded. Over the last month and the previous three months, the Company's shares have advanced 13.53% and 80.13%, respectively. Additionally, the stock has surged 73.03% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 19.45% and 90.38%, respectively. Moreover, shares of Chemours, which provides performance chemicals in North America, Asia/Pacific, Europe, Middle East, Africa, and Latin America, have a Relative Strength Index (RSI) of 71.06.
On March 29th, 2017, research firm Jefferies upgraded the Company's stock rating from 'Hold' to 'Buy'.
On April 03rd, 2017, Chemours announced that it will release first quarter financial results after market close on Monday, May 01st, 2017. The Company will conduct its Q1 2017 webcast conference call on Tuesday, May 02nd, 2017, at 8:00 a.m. ET. The call is open to the public and can be accessed via live webcast and teleconference. Your complete research report on CC can be retrieved for free at:
Shares in Clayton, Missouri headquartered Olin Corp. declined 1.36%, ending yesterday's session at $31.84 with a total trading volume of 2.22 million shares. The stock has gained 23.39% in the previous three months and 25.18% on an YTD basis. The Company's shares are trading 3.23% above their 50-day moving average and 28.68% above their 200-day moving average. Moreover, shares of Olin, which manufactures and distributes chemical products in the US and internationally, have an RSI of 46.61.
On March 06th, 2017, Olin announced the pricing of its offering of $500 million aggregate principal amount of Senior Notes due 2027. The senior notes will mature on September 15th, 2027, will have an interest rate of 5.125%, and will be issued at 100.00% of par value. Interest will be paid semi-annually on the 15th day of March and September, beginning September 15th, 2017. A free report on OLN is just a click away at:
On Tuesday, Pittsburgh, Pennsylvania headquartered PPG Industries Inc.'s stock saw a slight drop of 0.30%, to close the day at $104.77. A total volume of 1.21 million shares was traded. The Company's shares have advanced 3.53% in the last one month, 10.43% in the previous three months, and 11.00% on an YTD basis. The stock is trading 2.31% and 4.56% above its 50-day and 200-day moving averages, respectively. Additionally, shares of PPG Industries, which manufactures and distributes coatings, specialty materials, and glass products, have an RSI of 55.25.
On March 15th, 2017, research firm Atlantic Equities upgraded the Company's stock rating from 'Neutral' to 'Overweight'.
On April 03rd, 2017, PPG Industries announced that it has opened a nearly $3-million expansion for packaging coatings manufacturing at its Oak Creek, Wisconsin plant. The 3,300-square-foot facility adds capacity for the production of food-can coatings to meet growing customer demand. Sign up for your complimentary research report on PPG at:
Shares in Charlotte, North Carolina-based Albemarle Corp. ended the day 0.45% higher at $105.50 with a total trading volume of 884,044 shares. The stock has gained 3.64% in the last one month, 20.19% in the previous three months, and 22.94% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 6.92% and 20.95%, respectively. Furthermore, shares of Albemarle, which develops, manufactures, and markets engineered specialty chemicals worldwide, have an RSI of 61.04.
On March 17th, 2017, Albemarle announced that executive Vice President, Chief Administrative Officer, and General Counsel, Karen G. Narwold, has been selected as a winner of the 2017 Women in Business Achievement Awards for the Charlotte region. Sponsored by the Charlotte Business Journal, this annual awards program is intended to identify and honor the area's most influential businesswomen, and specifically recognizes those who are making a difference in the workplace and blazing trails for others.
On March 17th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $130 a share to $132 a share. Register for free on Stock-Callers.com and download the latest research report on ALB at:
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