NEW YORK, July 20, 2016 /PRNewswire/ --
After a rough 2015, operators in the Diversified Chemicals industry are now in a better position to combat significant challenges such as unfavorable economic conditions and erratic demands. Today, Stock-Callers.com takes a look at four major companies within this space to see how they have performed in recent weeks. Under review are Gevo Inc. (NASDAQ: GEVO), The Dow Chemical Co. (NYSE: DOW), Huntsman Corp. (NYSE: HUN), and FMC Corp. (NYSE: FMC). Sign up today and access our notes for free at:
Englewood, Colorado headquartered renewable chemicals and biofuels company, Gevo Inc.'s shares saw a decline of 1.57% and finished Tuesday's trading session at $0.55. A total volume of 2.34 million shares was traded. In the previous three months, the stock has skyrocketed 102.33%. The Company's shares are trading above their 50-day moving average by 14.55%. Moreover, shares of Gevo, which focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks, have a Relative Strength Index (RSI) of 51.92.
On June 16th, 2016, Gevo announced that it has entered into an agreement with Houston, Texas, headquartered Musket Corp. to supply isobutanol for blending with gasoline. Musket is a national fuel distributor under the umbrella of privately held Love's Family of Companies. Initial target markets are expected to include the marine and off-road markets in Arizona, Nevada, and Utah. Sign up and read the free notes on GEVO at:
On Tuesday, shares in The Dow Chemical Co. recorded a trading volume of 3.33 million shares, and ended the session 0.46% lower at $52.36. The stock has gained 3.58% since the start of this year. The Company's shares are trading 2.24% and 6.39% above their 50-day and 200-day moving averages, respectively. Furthermore, shares of The Dow Chemical, which manufactures and supplies products that are used primarily as raw materials in the manufacture of customer products and services globally, have an RSI of 60.59.
On July 06th, 2016, research firm Credit Agricole downgraded the Company's stock rating from 'Outperform' to 'Underperform'.
On July 08th, 2016, Dow Chemical announced that MEGlobal, a wholly-owned subsidiary of EQUATE Petrochemical Company, has designated Dow METEOR™ Ethylene Oxide/Ethylene Glycol (EO/EG) Process Technology and METEOR™ EO-RETRO Catalyst to construct its monoethylene glycol (MEG) production facility on the U.S. Gulf Coast, its first manufacturing unit in the U.S. Dow's METEOR™ Technology combines a high activity and high selectivity catalyst with a streamlined process design that results in lower capital and energy cost, high raw material efficiency, excellent operational reliability, and inherent safety and environmental features. Dow has licensed METEOR™ Technology for plants around the world with capacities to produce approximately 4.5 million metric tons per year of ethylene oxide equivalents. The complimentary notes on DOW can be accessed at:
Shares in The Woodlands, Texas headquartered, Huntsman Corp., closed the day at $15.53, down 1.40%. The stock recorded a trading volume of 1.92 million shares. The Company's shares have gained 5.63% in the previous three months and 39.14% on an YTD basis. The stock is trading 5.50% above its 50-day moving average and 26.74% above its 200-day moving average. Additionally, shares of Huntsman, which together with its subsidiaries, manufacture and sell differentiated organic and inorganic chemical products worldwide, have an RSI of 59.69.
On July 06th, 2016, Huntsman announced plans to close its 25,000 metric ton TiO2 manufacturing facility based in Umbogintwini, South Africa during the fourth quarter 2016. Closure of the facility will have a cash pay-back of less than two years. Cost savings from this closure are in addition to the approximately $200 million previously announced. Register for free on Stock-Callers.com and access the latest notes on HUN at:
At the closing bell yesterday, shares in Philadelphia, Pennsylvania headquartered diversified chemical company, FMC Corp., ended 1.14% lower at $48.42 and with a total volume of 1.18 million shares traded. The stock has advanced 0.66% in the last one month, 16.26% in the previous three months, and 24.73% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 2.43% and 18.73%, respectively. Furthermore, shares of FMC, which provides solutions, applications, and products for the agricultural, consumer, and industrial markets worldwide, have an RSI of 57.19.
On June 21st, 2016, FMC was recognized by the American Chemistry Council with the 2016 Responsible Care® "Initiative of the Year" Award. The award recognizes FMC's implementation of its new "Process Hazard Level Screening Tool," which is used to identify, analyze and rank process safety hazards across the company globally. Get free access to your notes on FMC at:
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.
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
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