Pre-market Technical Pulse on Chemicals Stocks -- BioAmber, Celanese, DowDuPont, and Eastman Chemical
NEW YORK, October 30, 2017 /PRNewswire/ --
If you want a Stock Review on BIOA, CE, DWDP, or EMN then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. The Major Diversified Chemicals sector 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. Pre-market, DailyStockTracker.com has issued research reports on BioAmber Inc. (NYSE: BIOA), Celanese Corp. (NYSE: CE), DowDuPont Inc. (NYSE: DWDP), and Eastman Chemical Co. (NYSE: EMN). Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at: http://dailystocktracker.com/register/
BioAmber
Last Friday, shares in Montreal, Canada headquartered BioAmber Inc. ended the session 8.09% lower at $0.54. The stock recorded a trading volume of 3.02 million shares, which was above its three months average volume of 2.41 million shares. The Company's shares have advanced 7.68% in the last one month. The stock is trading above its 50-day moving average by 9.12%. 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 47.64.
On October 27th, 2017, BioAmber announced that it will report financial results for Q3 2017 on November 07th, 2017, after markets close. The Company has scheduled a webcast and conference call for 4.30 p.m. EDT that same day to discuss the results. The live audio of the conference call will be webcast and accessible on the Company's website. BIOA complete research report is just a click away at: http://dailystocktracker.com/registration/?symbol=BIOA
Celanese
Irving, Texas headquartered Celanese Corp.'s stock finished 0.96% lower at $105.03 with a total trading volume of 763,828 shares. The Company's shares have gained 0.66% in the last one month, 9.21% in the previous three months, and 33.39% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.89% and 12.51%, respectively. Moreover, shares of Celanese, which manufactures and sells value-added chemicals, thermoplastic polymers, and other chemical-based products worldwide, have an RSI of 53.52.
On October 18th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $109 a share to $115 a share.
On October 18th, 2017, Celanese declared a quarterly dividend of $0.46 per share on its Series A common stock, payable on November 09th, 2017, to stockholders of record as of October 30th, 2017. The complimentary report on CE can be downloaded at: http://dailystocktracker.com/registration/?symbol=CE
DowDuPont
Shares in Midland, Michigan headquartered DowDuPont Inc. closed the day 0.70% lower at $72.54. The stock recorded a trading volume of 8.58 million shares, which was above its three months average volume of 8.00 million shares. The stock has gained 5.04% in the last month and 7.98% since the start of this year. Moreover, shares of DowDuPont', which through its subsidiaries, engages in agriculture, materials science, and specialty products businesses worldwide, are trading above its 50-day moving average by 3.94%.
On October 12th, 2017, DuPont's Board of Directors, a subsidiary of DowDuPont, declared regular quarterly dividends of $1.12-1/2 per share on the $4.50 series preferred stock and $0.87-1/2 cents per share on the $3.50 series preferred stock, both payable on January 25th, 2018, to stockholders of record January 10th, 2018. Sign up for your complimentary report on DWDP at: http://dailystocktracker.com/registration/?symbol=DWDP
Eastman Chemical
Kingsport, Tennessee-based Eastman Chemical Co.'s shares recorded a trading volume of 2.84 million shares last Friday, which was above their three months average volume of 1.18 million shares. The stock closed 2.15% higher at $93.00. The Company's shares have advanced 3.38% in the past month, 11.83% in the previous three months, and 23.65% since the start of this year. The stock is trading 6.76% and 12.90% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Eastman Chemical, which manufactures and sells materials, specialty additives, chemicals, and fibers in the US and internationally, have an RSI of 70.36.
On October 09th, 2017, Eastman Chemical updated full-year 2017 earnings expectations, including preliminary expectations of the impact of an operational incident at its Kingsport manufacturing facility. The Company expects to be toward the high-end of the previously projected range of 10% to 12% adjusted EPS growth in 2017 compared to 2016, excluding the financial impact of the Kingsport operational incident.
On October 10th, 2017, research firm Nomura downgraded the Company's stock rating from 'Buy' to 'Neutral'. Download the research report for free on EMN at: http://dailystocktracker.com/registration/?symbol=EMN
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