Huntsman Corporation (NYSE:HUN) has tumbled 1.27% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 10.48% in the last four weeks. The stocks have underperformed the S&P 500 by 0.08% during the past week but Huntsman Corporation (NYSE:HUN) it has outperformed the index in 4 weeks by 9.47%.
Huntsman Corporation (NYSE:HUN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.35 and $15.31 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.84. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.60, notching a gain of 1.89% for the day. The total traded volume was 2,501,561 . The stock had closed at $15.31 on the previous day.
The company shares have dropped -32.87% from its 1 Year high price. On Jun 24, 2015, the shares registered one year high at $23.83 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $14.99 and the 200 Day Moving Average price is recorded at $12.15.
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the (Sr. VP, Purchasing) of Huntsman Corp, Ridd Brian V, had purchased 3,000 shares in a transaction dated on December 16, 2015. The transaction was executed at $10.2 per share with total amount equaling $30,600.
Currently the company Insiders own 19.68% of Huntsman Corporation shares according to the proxy statements. Institutional Investors own 68.46% of Huntsman Corporation shares.
Huntsman Corporation (Huntsman) is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company is also engaged in performance additives and titanium dioxide business. The Company also offers titanium dioxide, a white pigment derived from titanium bearing ores; functional additives made from barium and zinc-based inorganics; color pigments made from synthetic iron-oxide and other inorganic pigments; timber treatment wood protection chemicals; water treatment products, and specialty automotive molded components. The Company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects and Pigments and Additives. Its products are used in a range of applications, including those in the adhesives, aerospace, automotive, construction products, personal care and hygiene, durable and non-durable consumer products, electronics, medical, packaging and paints and coatings.