NEW YORK, October 25, 2016 /PRNewswire/ --
Pre-market, Stock-Callers.com looks at four equities which are: The Chemours Co. (NYSE: CC), PPG Industries Inc. (NYSE: PPG), Albemarle Corp. (NYSE: ALB), and Green Plains Inc. (NASDAQ: GPRE). According to a new research report by Global Market Insights, Inc., the global Specialty Chemicals market size is set to exceed $1,200 billion by 2024, with projected gains at over 4.5% CAGR. Sign up today and download for free the research reports for the stocks covered today at: http://stock-callers.com/registration
On Monday, shares in Wilmington, Delaware headquartered The Chemours Co. recorded a trading volume of 2.79 million shares, which was above their three months average volume of 2.54 million shares. The stock ended the session 0.12% lower at $16.77. The Company's shares have gained 10.84% in the last one month, 80.80% in the previous three months, and 216.21% on an YTD basis. The stock is trading 18.24% above its 50-day moving average and 84.56% above its 200-day moving average. Moreover, shares of Chemours, which provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America, have a Relative Strength Index (RSI) of 68.96. On October 11th, 2016, Chemours announced that it has expanded its refrigerants portfolio to include a new line of lower global warming potential (GWP) refrigerants, the Opteon™ XL Series. The launch of the XL Series follows in the wake of Chemours' successful launch of its Opteon™ XP Series at Chillventa 2014. These products, notably Opteon™ XP10, XP40 and XP44, have become the leading low GWP choice globally for refrigeration and air conditioning applications. Chemours predicts that one thousand supermarket and commercial refrigeration systems worldwide will be using Opteon™ XP40 by the end of 2016, growing to as many as 10,000 systems by the end of 2020. CC complete research report is just a click away at: http://stock-callers.com/registration/?symbol=CC
Pittsburgh, Pennsylvania headquartered PPG Industries Inc.'s stock closed the day 0.93% higher at $93.24. A total volume of 1.96 million shares was traded, which was above their three months average volume of 1.62 million shares. The Company's shares are trading 8.02% below their 50-day moving average. Additionally, shares of PPG Industries, which manufactures and distributes coatings, specialty materials, and glass products, have an RSI of 32.49.
On October 21st, 2016, research firm Goldman downgraded the Company's stock rating from 'Buy' to 'Neutral'.
On October 24th, 2016, CPI Aerostructures announced that it has entered into a long-term, strategic supply agreement with PPG to supply consumable products in a Vendor Managed Inventory operating model. Under the agreement, PPG will be responsible for all purchasing, inventory management and logistics for consumable materials, such as paints, sealants, adhesives and lubricants in accordance with CPI Aero's planned consumption rates through December 31st, 2019. The complimentary report on PPG can be downloaded at: http://stock-callers.com/registration/?symbol=PPG
Shares in Charlotte, North Carolina-based Albemarle Corp. recorded a trading volume of 608,492 shares, and ended yesterday's trading session 1.41% higher at $83.36. The stock has advanced 3.23% in the past month and 50.74% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 2.52% and 16.95%, respectively. Furthermore, shares of Albemarle, which develops, manufactures, and markets engineered specialty chemicals worldwide, have an RSI of 54.71.
On October 6th, 2016, Albemarle announced that it will release its Q3 2016 earnings after the NYSE closes on November 7th, 2016. The company will hold its conference call to discuss Q3 2016 results on November 8th, 2016, at 9:00 a.m. EST. Sign up for your complimentary report on ALB at: http://stock-callers.com/registration/?symbol=ALB
Omaha, Nebraska headquartered Green Plains Inc.'s stock finished Monday's session 0.93% lower at $26.50 with a total trading volume of 450,662 shares. The Company's shares have advanced 5.87% in the last one month, 17.73% over the previous three months, and 15.72% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.01% and 35.26%, respectively. Additionally, shares of Green Plains, which produces, markets, and distributes ethanol in the US and internationally, have an RSI of 54.05.
On October 3rd, 2016, Green Plains announced that it has acquired SCI Ingredients Holdings, Inc. (SCI) and its wholly-owned operating subsidiary Fleischmann's Vinegar Company, Inc., the world's largest manufacturer and marketer of food-grade industrial vinegar, for $250 million, subject to certain post-closing adjustments. Green Plains entered into a definitive stock purchase agreement with the selling shareholders of SCI and is financing the transaction with $135 million of debt with the balance paid from cash on hand. Download the research report for free on GPRE at: http://stock-callers.com/registration/?symbol=GPRE
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