Stock Review for Chemicals Investors -- BioAmber, Air Products and Chemicals, Celanese, and Eastman Chemical
NEW YORK, Dec. 18, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on BIOA, APD, CE, and EMN which is a click away at http://www.wallstequities.com/registration. WallStEquities.com has initiated research coverage on BioAmber Inc. (NYSE: BIOA), Air Products and Chemicals Inc. (NYSE: APD), Celanese Corp. (NYSE: CE), and Eastman Chemical Co. (NYSE: EMN). These stocks are part of the Major Diversified Chemicals sector, which includes companies that manufacture a broad array of chemicals and industrial gases. Their products are often used as raw materials in the Manufacturing industry, including petrochemicals used to make plastics. Sign up today for free and learn why our members refer to our research coverage as the 'best out there': http://www.wallstequities.com/registration
BioAmber
Last Friday at the close, shares in Montreal, Canada headquartered BioAmber Inc. ended 2.91% lower at $0.40. The stock recorded a trading volume of 814,622 shares. The Company's shares are trading below their 50-day moving average by 18.63%. Furthermore, shares of BioAmber, which produces and sells bio-succinic acid to various chemical market customers primarily in the US and Canada, have a Relative Strength Index (RSI) of 42.08. Signing up now gives you access to the free research coverage on BIOA at: http://www.wallstequities.com/registration/?symbol=BIOA
Air Products and Chemicals
Allentown, Pennsylvania headquartered Air Products and Chemicals Inc.'s stock finished Friday's session 0.07% lower at $160.42. A total volume of 1.80 million shares was traded, which was above their three months average volume of 1.04 million shares. The Company's shares have advanced 6.27% over the previous three months and 11.54% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 0.96% and 8.84%, respectively. Additionally, shares of the Company, which provides atmospheric gases, process and specialty gases, electronics and performance materials, equipment, and services worldwide, have an RSI of 49.18.
On December 11th, 2017, research firm Jefferies upgraded the Company's stock rating from 'Hold' to 'Buy', with a target price of $185 per share.
On December 12th, 2017, Air Products and Chemicals (APD) announced an agreement with TP JGC Coral France for the supply of its Medium and High Purity Nitrogen Package for a floating liquefied natural gas facility to be located in the Indian Ocean, offshore Mozambique, Africa. This represents the Company's second supply contract with TP JGC Coral France for this project. Earlier this year, APD announced an agreement to supply its proprietary cryogenic coil wound heat exchanger technology and liquefaction process license for the facility. Get access to our top-rated research, including the free report on APD at: http://www.wallstequities.com/registration/?symbol=APD
Celanese
Shares in Irving, Texas headquartered Celanese Corp. ended the session 0.77% higher at $106.54. A total volume of 689,301 shares was traded, which was above their three months average volume of 686,550 shares. The stock has gained 3.31% in the past month, 4.89% over the previous three months, and 35.31% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 0.46% and 10.28%, respectively. Moreover, shares of Celanese, which manufactures and sells value-added chemicals, thermoplastic polymers, and other chemical-based products worldwide, have an RSI of 52.07.
On December 10th, 2017, Celanese announced the opening of a new, Customer Solution Center in Tokyo, Japan to support the growth of the Company's Asia customers, advance technical capabilities of its product portfolio in the region, and enable close collaboration with customers in their selection of engineered materials and innovative polymer technologies. Click here to subscribe for a free membership which welcomes you with our report on CE at: http://www.wallstequities.com/registration/?symbol=CE
Eastman Chemical
Kingsport, Tennessee-based Eastman Chemical Co.'s shares recorded a trading volume of 2.29 million shares, which was above their three months average volume of 1.19 million shares. The stock closed 0.86% lower at $90.23. The Company's shares have gained 0.76% in the past month, 5.64% in the previous three months, and 19.97% since the start of this year. The stock is trading 6.82% above its 200-day moving average. Additionally, shares of Eastman Chemical, which manufactures and sells materials, specialty additives, chemicals, and fibers in the US and internationally, have an RSI of 45.35.
On December 07th, 2017, Eastman Chemical's Board of Directors has declared a quarterly cash dividend of $0.56 per share on the Company's common stock - a 10% increase from $0.51 per share. The dividend is payable on January 05th, 2018, to stockholders of record as of December 18th, 2017. To get free access to your research report on EMN, sign up at: http://www.wallstequities.com/registration/?symbol=EMN
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