LyondellBasell Industries NV (NYSE:LYB) has tumbled 0.52% during the past week and has dropped 0.48% in the last 4 week period. The company has outperformed the S&P 500 by 0.67% in the past week but underperformed the index by 1.39% in the last 4 weeks.
LyondellBasell Industries NV (NYSE:LYB): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $79.18 and $78.95 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $80.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $80.05, notching a gain of 1.21% for the day. The total traded volume was 3,674,884 . The stock had closed at $79.09 on the previous day.
The company shares have dropped -23.73% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $106.50 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $81.28 and the 200 Day Moving Average price is recorded at $83.04.
On the companys insider trading activities, Covezzi Massimo, officer (SVP Research & Development) of Lyondellbasell Industries N.V., unloaded 7,551 shares at an average price of $89.14 on April 26, 2016. The total amount of the transaction was worth $673,096, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Cowen & Company, downgrades their rating on the shares of LyondellBasell Industries NV (NYSE:LYB). Cowen & Company has a Market Perform rating on the shares. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on June 13, 2016. Currently the company Insiders own 0.14% of LyondellBasell Industries NV shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -42.52% . Institutional Investors own 69.96% of LyondellBasell Industries NV shares. During last six month period, the net percent change held by insiders has seen a change of -95.83%.
LyondellBasell Industries N.V. (LyondellBasell) is a global, independent chemical company. The Company operates through five segments: Olefins and Polyolefins-Americas (OandP-Americas), Olefins and Polyolefins-Europe, Asia, International (OandP-EAI), Intermediates and Derivatives (IandD), Refining, and Technology. Its OandP-Americas segment produces and markets olefins, including ethylene and ethylene co-products, and polyolefin. Its OandP-EAI segment produces and markets olefins, including ethylene and ethylene co-products, polyolefin and specialty products, including polybutene-1 and polypropylene compounds. Its IandD segment produces and markets propylene oxide and its co-products and derivatives, acetyls, including methanol and ethylene oxide. Its Refining segment refines heavy, high-sulfur crude oil. Its Technology segment develops and licenses chemical and polyolefin process technologies and manufactures and sells polyolefin catalysts.