NEW YORK, May 26, 2017 /PRNewswire/ --
For today, Stock-Callers.com has issued research reports on four stocks which are part of the Specialty Chemicals industry: Olin Corp. (NYSE: OLN), PPG Industries Inc. (NYSE: PPG), Albemarle Corp. (NYSE: ALB), and The Chemours Co. (NYSE: CC). According to the American Chemistry Council, US Specialty Chemicals market volumes ended the first quarter on a strong note, rising 0.6% in March. This follows a similar 0.6% gain in February. Volumes have generally been moving up since May of 2017. Sign up today and download for free the research reports for the stocks covered today at: http://stock-callers.com/registration
Clayton, Missouri headquartered Olin Corp.'s stock finished Thursday's session 0.75% lower at $30.30 with a total trading volume of 2.31 million shares. The Company's shares have advanced 18.31% since the start of this year. The stock is trading 14.68% above its 200-day moving average. Additionally, shares of Olin, which manufactures and distributes chemical products in the US and internationally, have a Relative Strength Index (RSI) of 41.29.
On April 27th, 2017, Olin's Board of Directors declared a quarterly dividend of 20 cents on each share of the Company's common stock. The dividend is payable on June 09th, 2017, to shareholders of record at the close of business on May 10th, 2017. This marks the Company's 362nd consecutive quarterly dividend.
On May 12th, 2017, research firm Tudor Pickering initiated a 'Buy' rating on the Company's stock, with a target price of $37 per share. OLN complete research report is just a click away at: http://stock-callers.com/registration/?symbol=OLN
On Thursday, shares in Pittsburgh, Pennsylvania headquartered PPG Industries Inc. recorded a trading volume of 1.34 million shares. The stock ended the session 0.03% lower at $106.91. The Company's shares have advanced 3.48% in the previous three months and 12.82% on an YTD basis. The stock is trading 0.38% above its 50-day moving average and 5.80% above its 200-day moving average. Moreover, shares of PPG Industries, which manufactures and distributes coatings, specialty materials, and glass products, have an RSI of 48.42.
On May 19th, 2017, PPG Industries and Vision Systems have reached a commercial agreement to work together on developing new applications, utilizing the latter's electronically dimmable, window-shading solutions for aircraft. The agreement provides a framework for both companies to pursue opportunities in commercial, regional, military, and general aviation applications that capitalize on each of their expertise. The complimentary report on PPG can be downloaded at:
Charlotte, North Carolina-based Albemarle Corp.'s shares closed the day 0.48% higher at $112.59. The stock recorded a trading volume of 636,067 shares. The Company's shares have gained 3.96% in the last month, 21.16% over the previous three months, and 30.80% on an YTD basis. The stock is trading 4.96% and 22.07% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Albemarle, which develops, manufactures, and markets engineered specialty chemicals worldwide, have an RSI of 66.71.
On May 08th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $132 a share to $136 a share.
On May 11th, 2017, Albemarle's board of directors declared a quarterly dividend of $0.32 per share. The dividend is payable on July 03rd, 2017, to shareholders of record at the close of business as of June 15th, 2017. Sign up for your complimentary report on ALB at: http://stock-callers.com/registration/?symbol=ALB
Shares in Wilmington, Delaware headquartered The Chemours Co. finished 0.95% higher at $42.31. The stock recorded a trading volume of 2.04 million shares. The Company's shares have advanced 5.09% in the last one month, 24.15% in the previous three months, and 91.53% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 9.34% and 64.59%, respectively. Furthermore, shares of Chemours, which provides performance chemicals in North America, Asia/Pacific, Europe, Middle-East, Africa, and Latin America, have an RSI of 54.76.
On May 15th, 2017, research firm Susquehanna reiterated its 'Positive' rating on the Company's stock with an increase of the target price from $45 a share to $55 a share.
On May 23rd, 2017, Chemours announced that the Company had completed its offering of $500,000,000 aggregate principal amount of its 5.375% Senior Notes due 2027. The Company intends to use the net proceeds of the offering for general corporate purposes, including its portion of the global settlement of the multi-district PFOA litigation between DuPont and the plaintiffs, if finalized. Download the research report for free on CC at: http://stock-callers.com/registration/?symbol=CC
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