Pre-Market Technical Pulse on Chemicals Stocks -- Gevo, Ashland Global, Braskem, and LSB Industries
NEW YORK, July 6, 2017 /PRNewswire/ --
If you want a Stock Review on GEVO, ASH, BAK or LXU then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. The companies that make up the Diversified Chemicals group are largely intermediate producers of a broad array of chemicals and industrial gases. Their products are mostly used as raw materials by manufacturing industries. This morning, coverage has been initiated by DailyStockTracker.com on four major industry players, namely: Gevo Inc. (NASDAQ: GEVO), Ashland Global Holdings Inc. (NYSE: ASH), Braskem S.A. (NYSE: BAK), and LSB Industries Inc. (NYSE: LXU). Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:
http://dailystocktracker.com/register/
Gevo Inc.
Englewood, Colorado headquartered Gevo Inc.'s stock finished Wednesday's session flat at $0.65 with a total trading volume of 147,363 shares. The Company's shares have advanced 2.52% in the past month. The stock is trading 18.74% below its 50-day moving average. Additionally, shares of Gevo, which focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks in the US, have a Relative Strength Index (RSI) of 43.88.
On June 20th, 2017, Gevo announced that WB Gevo, Ltd, the holder of its issued and outstanding Senior Secured Convertible Notes due June 23rd, 2017, exchanged all $16.5 million of the existing 2017 Notes for $16.5 million of the Company's newly created 12.0% Convertible Senior Secured Notes due March 15th, 2020 (the "2020 Notes"). The 2020 Notes are convertible, at the option of the holders, into shares of the Company's common stock. GEVO complete research report is just a click away at:
http://dailystocktracker.com/registration/?symbol=GEVO
Ashland Global
On Wednesday, shares in Covington, Kentucky headquartered Ashland Global Holdings Inc. recorded a trading volume of 1.05 million shares. The stock ended the session 0.51% lower at $65.94. The Company's shares have advanced 8.88% in the previous three months and 23.32% on an YTD basis. The stock is trading 2.42% above its 50-day moving average and 12.04% above its 200-day moving average. Moreover, shares of Ashland Global, which provides specialty chemical solutions worldwide, have an RSI of 51.58. The complimentary report on ASH can be downloaded at:
http://dailystocktracker.com/registration/?symbol=ASH
Braskem
Sao Paulo, Brazil headquartered Braskem S.A.'s shares closed the day 0.38% lower at $20.88. The stock recorded a trading volume of 399,398 shares. The Company's shares are trading 1.17% and 7.11% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Braskem, which together with its subsidiaries, produces and sells thermoplastic resins, have an RSI of 55.80.
On June 22nd, 2017, Braskem announced that its Board of Directors has formally approved the final investment decision to proceed with the largest polypropylene production line in the Americas. The Company will commit up to $675 million in investment capital towards the design and construction of the new facility, which will be named Delta, and will be located next to the Company's existing production facilities in La Porte, Texas, US. Sign up for your complimentary report on BAK at:
http://dailystocktracker.com/registration/?symbol=BAK
LSB Industries
Shares in Oklahoma City, Oklahoma headquartered LSB Industries Inc. finished 0.47% higher at $10.80. The stock recorded a trading volume of 382,825 shares. The Company's shares have advanced 10.77% in the last one month, 18.16% in the previous three months, and 28.27% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 12.74% and 25.82%, respectively. Furthermore, shares of LSB Industries, which manufactures and sells chemical products for the agricultural, mining, and industrial markets in the US and internationally, have an RSI of 60.77. Download the research report for free on LXU at:
http://dailystocktracker.com/registration/?symbol=LXU
--
Daily Stock Tracker:
Daily Stock Tracker (DST) 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. DST 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.
DST 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 DST. DST 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.
NO WARRANTY
DST, 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. DST, 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, DST, 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 DST 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
http://dailystocktracker.com/disclaimer/
CONTACT
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: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article