NEW YORK, July 6, 2017 /PRNewswire/ --
If you want a Stock Review on GEVO, ASH, BAK or LXU then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. The companies that make up the Diversified Chemicals group are largely intermediate producers of a broad array of chemicals and industrial gases. Their products are mostly used as raw materials by manufacturing industries. This morning, coverage has been initiated by DailyStockTracker.com on four major industry players, namely: Gevo Inc. (NASDAQ: GEVO), Ashland Global Holdings Inc. (NYSE: ASH), Braskem S.A. (NYSE: BAK), and LSB Industries Inc. (NYSE: LXU). Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:
Englewood, Colorado headquartered Gevo Inc.'s stock finished Wednesday's session flat at $0.65 with a total trading volume of 147,363 shares. The Company's shares have advanced 2.52% in the past month. The stock is trading 18.74% below its 50-day moving average. Additionally, shares of Gevo, which focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks in the US, have a Relative Strength Index (RSI) of 43.88.
On June 20th, 2017, Gevo announced that WB Gevo, Ltd, the holder of its issued and outstanding Senior Secured Convertible Notes due June 23rd, 2017, exchanged all $16.5 million of the existing 2017 Notes for $16.5 million of the Company's newly created 12.0% Convertible Senior Secured Notes due March 15th, 2020 (the "2020 Notes"). The 2020 Notes are convertible, at the option of the holders, into shares of the Company's common stock. GEVO complete research report is just a click away at:
On Wednesday, shares in Covington, Kentucky headquartered Ashland Global Holdings Inc. recorded a trading volume of 1.05 million shares. The stock ended the session 0.51% lower at $65.94. The Company's shares have advanced 8.88% in the previous three months and 23.32% on an YTD basis. The stock is trading 2.42% above its 50-day moving average and 12.04% above its 200-day moving average. Moreover, shares of Ashland Global, which provides specialty chemical solutions worldwide, have an RSI of 51.58. The complimentary report on ASH can be downloaded at:
Sao Paulo, Brazil headquartered Braskem S.A.'s shares closed the day 0.38% lower at $20.88. The stock recorded a trading volume of 399,398 shares. The Company's shares are trading 1.17% and 7.11% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Braskem, which together with its subsidiaries, produces and sells thermoplastic resins, have an RSI of 55.80.
On June 22nd, 2017, Braskem announced that its Board of Directors has formally approved the final investment decision to proceed with the largest polypropylene production line in the Americas. The Company will commit up to $675 million in investment capital towards the design and construction of the new facility, which will be named Delta, and will be located next to the Company's existing production facilities in La Porte, Texas, US. Sign up for your complimentary report on BAK at:
Shares in Oklahoma City, Oklahoma headquartered LSB Industries Inc. finished 0.47% higher at $10.80. The stock recorded a trading volume of 382,825 shares. The Company's shares have advanced 10.77% in the last one month, 18.16% in the previous three months, and 28.27% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 12.74% and 25.82%, respectively. Furthermore, shares of LSB Industries, which manufactures and sells chemical products for the agricultural, mining, and industrial markets in the US and internationally, have an RSI of 60.77. Download the research report for free on LXU at:
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