Technical Research on Specialty Chemicals Equities -- Methanex, Albemarle, W.R. Grace, and Orion Engineered Carbons
NEW YORK, October 31, 2017 /PRNewswire/ --
If you want a Stock Review on MEOH, ALB, GRA, or OEC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. This morning, DailyStockTracker.com covers the following companies: Methanex Corp. (NASDAQ: MEOH), Albemarle Corp. (NYSE: ALB), W.R. Grace & Co. (NYSE: GRA), and Orion Engineered Carbons S.A. (NYSE: OEC). According to Research and Markets' report titled, "Specialty Chemicals - A Global Market Overview," the worldwide market for Specialty Chemicals is projected to touch US$1.2 trillion by 2022 from an estimated US$970 billion in 2017. Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:
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Methanex
On Monday, shares in Vancouver, Canada headquartered Methanex Corp. recorded a trading volume of 704,026 shares. The stock ended the day at $50.20, rising 0.60% from the last trading session. The Company's shares have advanced 12.68% in the previous three months and 14.61% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.52% and 7.64%, respectively. Furthermore, shares of Methanex, which produces and supplies methanol in North America, Asia/Pacific, Europe, and South America, have a Relative Strength Index (RSI) of 47.90.
On October 09th, 2017, research firm Cowen reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $55 a share to $58 a share.
On October 25th, 2017, Methanex reported Q3 2017 earnings. Net income attributable to Company shareholders was $32 million for Q3 2017, and adjusted EBITDA was $143 million. Production for the quarter was 1,765,000 tonnes, total sales volume was a record 2,771,000 tonnes, and cash flows from operating activities were $131 million. Sign up and read the free research report on MEOH at:
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Albemarle
Charlotte, North Carolina-based Albemarle Corp.'s stock climbed 0.31%, finishing yesterday's session at $139.51 with a total trading volume of 834,834 shares. The Company's shares have gained 2.35% in the last month, 18.80% over the previous three months, and 62.07% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.92% and 24.46%, respectively. Additionally, shares of Albemarle, which develops, manufactures, and markets engineered specialty chemicals worldwide, have an RSI of 65.56.
On October 06th, 2017, research firm Goldman downgraded the Company's stock rating from 'Buy' to 'Neutral'.
On October 24th, 2017, Albemarle announced that Matt Juneau, Executive Vice President, Corporate Strategy and Investor Relations, will present at the 2017 Deutsche Bank Lithium Supply Chain and Energy Storage Conference on November 16th, 2017, at 8:10 a.m. ET in New York City. The complimentary research report on ALB can be downloaded at:
http://dailystocktracker.com/registration/?symbol=ALB
W.R. Grace
Shares in Columbia, Maryland headquartered W.R. Grace & Co. ended the session 0.80% lower at $75.40. The stock recorded a trading volume of 761,884 shares, which was above its three months average volume of 655,690 shares. The Company's shares have gained 4.50% in the last one month, 8.58% over the previous three months, and 11.47% on an YTD basis. The stock is trading 4.81% above its 50-day moving average and 6.83% above its 200-day moving average. Moreover, shares of W.R. Grace, which produces and sells specialty chemicals and materials worldwide, have an RSI of 64.41.
On October 25th, 2017, W.R. Grace announced that it has declared a quarterly cash dividend of $0.21 per share. The dividend is payable on December 07th, 2017, to shareholders of record at the close of business on November 15th, 2017. Register for free on DailyStockTracker.com and access the latest report on GRA at:
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Orion Engineered Carbons
At the closing bell on Monday, Luxembourg headquartered Orion Engineered Carbons S.A.'s stock declined 0.63%, finishing at $23.55. A total volume of 291,566 shares was traded. The Company's shares have gained 4.90% in the last month, 11.35% over the previous three months, and 24.93% on an YTD basis. The stock is trading 5.64% and 14.03% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which together with its subsidiaries, produces and sells carbon black products in Germany, the US, South Korea, Brazil, South Africa, the rest of Europe, and internationally, have an RSI of 59.69.
On October 19th, 2017, Orion Engineered Carbons announced that it will release its Q3 2017 results after the market closes on November 02nd, 2017, to be followed by a conference call on November 03rd, 2017, at 8:30 a.m. EDT. A live and archived webcast of the conference call will be available under the investor relations section of the Company's website. Get free access to your research report on OEC at:
http://dailystocktracker.com/registration/?symbol=OEC
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