NEW YORK, November 16, 2016 /PRNewswire/ --
On Tuesday, November 15, 2016, gains were broad based within the US markets as eight out of nine sectors ended the session in positive. Following suit, US indices - the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 also edged higher by the end of the day. Today, Stock-Callers looks at how certain stocks in the Specialty Chemicals space have fared in recent weeks. This morning coverage includes: Chemtura Corporation (NYSE: CHMT), Methanex Corporation (NASDAQ: MEOH), The Sherwin-Williams Company (NYSE: SHW), and W.R. Grace & Company (NYSE: GRA). You can access of our complimentary research reports on these stocks now at: http://stock-callers.com/registration
On Tuesday, shares in Philadelphia, Pennsylvania-based Chemtura Corp. ended the session 0.45% lower at $32.95 with a total volume of 340,015 shares traded. Chemtura's shares have advanced 0.24% in the last one month, 6.50% in the previous three months, and 10.05% in the past one year. Shares of the Company, which together with its subsidiaries, develops, manufactures, and markets performance-driven engineered industrial specialty chemicals for industrial manufacturing customers in the US and internationally, are trading at a PE ratio of 78.64. The stock is trading 4.59% above its 50-day moving average and 16.64% above its 200-day moving average. Moreover, shares of the Company have a Relative Strength Index (RSI) of 69.44.
On October 17th, 2016, research firm KeyBanc Capital Markets downgraded the Company's stock rating from 'Overweight' to 'Sector Weight'. Visit us today and download your complete report on CHMT for free at: http://stock-callers.com/registration/?symbol=CHMT
Vancouver, Canada headquartered Methanex Corp.'s stock finished Tuesday's session 2.92% higher at $38.75 with a total volume of 528,671 shares traded. Over the last one month and the previous three months, Methanex's shares have gained 5.18% and 37.13%, respectively. Furthermore, the stock has advanced 1.83% in the past one year. Shares of the Company, which produces and supplies methanol in the Asia Pacific, North America, Europe, and South America, are trading above its 50-day and 200-day moving averages by 11.69% and 23.52%, respectively. Methanex's stock has an RSI of 61.46.
On October 31st, 2016, research firm UBS downgraded the Company's stock rating from 'Neutral' to 'Sell'. The research firm also revised upwards its previous target price from $28 to $31. The complimentary research report on MEOH can be accessed at: http://stock-callers.com/registration/?symbol=MEOH
On Tuesday, shares in Cleveland, Ohio headquartered The Sherwin-Williams Co. recorded a trading volume of 1.05 million shares, which was higher than their three months average volume of 933,100 shares. The stock ended the day 0.89% higher at $265.73. Shares of the Company, which develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America, the Caribbean, Europe, and Asia, are trading at a PE ratio of 22.27. Sherwin-Williams' stock has advanced 0.46% in the past one year. The Company is trading below its 50-day and 200-day moving averages by 0.82% and 5.61%, respectively. Furthermore, shares of The Sherwin-Williams have an RSI of 57.28. Register for free on Stock-Callers.com and download the PDF research report on SHW at: http://stock-callers.com/registration/?symbol=SHW
Columbia, Maryland headquartered W.R. Grace & Co.'s stock declined 1.07%, to close the day at $68.35. The stock recorded a trading volume of 622,021 shares, which was above its three months average volume of 584,030 shares. Shares of the Company, which produces and sells specialty chemicals and materials worldwide, are trading 4.06% and 7.15% below its 50-day and 200-day moving averages, respectively. Additionally, the stock traded at a PE ratio of 44.04 and has an RSI of 45.39.
On November 1st, 2016, research firm Seaport Global Securities upgraded the Company's stock rating from 'Neutral' to 'Buy', issuing a target price of $79 per share. Get free access to your research report on GRA at: http://stock-callers.com/registration/?symbol=GRA
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