Chemicals Stocks Under Review -- Dow Chemical, Huntsman, FMC Corp., and Univar
NEW YORK, April 6, 2017 /PRNewswire/ --
Stock-Callers.com takes note of the current performances of the following Major Diversified Chemicals stocks for today: The Dow Chemical Co. (NYSE: DOW), Huntsman Corp. (NYSE: HUN), FMC Corp. (NYSE: FMC), and Univar Inc. (NYSE: UNVR). According to a Zacks' report, the outlook for the US chemical industry paints an encouraging picture, as it remains on course for strong growth this year and the next despite several challenges including a strong dollar, soft export markets, and a low oil-price environment. Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
Dow Chemical
On Wednesday, shares in Michigan-based The Dow Chemical Co. recorded a trading volume of 6.29 million shares, which was higher than their three months average volume of 6.22 million shares. The stock ended the day at $63.52, up 0.51% from the last trading session. The Company's shares have advanced 1.30% in the past month, 10.18% in the previous three months, and 11.80% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.45% and 14.89%, respectively. Furthermore, shares of Dow Chemical, which manufactures and supplies products that are used as raw materials in the manufacture of customer's products and services worldwide, have a Relative Strength Index (RSI) of 54.55.
On March 06th, 2017, research firm Jefferies upgraded the Company's stock rating from 'Hold' to 'Buy'.
On March 28th, 2017, Dow Chemical announced the completion of the construction phase of its new, world-scale ethylene production facility in Freeport, Texas. The Company reached this milestone within one week of the originally planned date, which was set approximately two years ago. Dow's ethylene unit is now progressing through the commissioning phase, with start-up expected by mid-year. Sign up and read the free research report on DOW at:
http://stock-callers.com/registration/?symbol=DOW
Huntsman
Texas headquartered Huntsman Corp.'s stock saw a drop of 1.49%, finishing yesterday's session at $24.45. A total volume of 3.03 million shares was traded, which was above their three months average volume of 2.81 million shares. The Company's shares have gained 9.93% in the last month, 24.76% over the previous three months, and 28.88% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 10.92% and 34.64%, respectively. Shares of Huntsman, which through its subsidiary, Huntsman International LLC, manufactures and sells differentiated organic and inorganic chemical products worldwide, have an RSI of 62.98.
On March 27th, 2017, Huntsman announced that positive trends during Q1 2017 are strengthening its business. Based on current market conditions, the Company expects Q1 2017 adjusted EBITDA to exceed the $274 million of adjusted EBITDA during the same quarter in 2016. Huntsman also sees continued strength in its MDI urethanes business, specifically in Asia/Pacific region.
On April 03rd, 2017, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'. The complimentary research report on HUN can be downloaded at:
http://stock-callers.com/registration/?symbol=HUN
FMC Corp.
Shares in Pennsylvania headquartered FMC Corp. ended the session 0.66% higher at $71.85. The stock recorded a trading volume of 2.14 million shares, which was above its three months average volume of 1.51 million shares. The Company's shares have gained 21.92% in the last one month, 23.76% over the previous three months, and 27.37% on an YTD basis. The stock is trading 19.39% above its 50-day moving average and 36.15% above its 200-day moving average. Shares of FMC, which provides solutions, applications, and products for the agricultural, consumer, and industrial markets worldwide, have an RSI of 82.82.
On March 31st, 2017, FMC Corp. announced the signing of a definitive agreement for the Company to acquire the portion of DuPont's Crop Protection business it must divest to comply with the European Commission ruling related to its merger with The Dow Chemical Company. In 2017, FMC expects this acquired business will generate approximately $1.5 billion in revenue and $475 million of EBITDA.
On April 03rd, 2017, research firm Susquehanna upgraded the Company's stock rating from 'Neutral' to 'Positive'. Register for free on Stock-Callers.com and access the latest report on FMC at:
http://stock-callers.com/registration/?symbol=FMC
Univar
At the closing bell on Wednesday, Illinois headquartered Univar Inc.'s stock declined 1.83%, finishing at $29.47. A total volume of 530,660 shares was traded. The Company's shares have gained 4.47% over the previous three months and 3.88% on an YTD basis. Shares of Univar, which distributes commodity and specialty chemical products, and related services worldwide, are trading 21.12% above its 200-day moving average.
On March 17th, 2017, Univar has named Ian Gresham as Chief Marketing Officer. Mr. Gresham brings more than 15 years of strategic sales and marketing experience within the manufacturing sector. He most recently served as senior vice president of marketing for the Diversified Brands Division of the Sherwin-Williams Company. Get free access to your research report on UNVR at:
http://stock-callers.com/registration/?symbol=UNVR
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article