Albemarle Corporation (ALB) Shares are Down -2.19%

Albemarle Corporation (ALB) : During the past 4 weeks, traders have been relatively bearish on Albemarle Corporation (ALB), hence the stock is down -3.89% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.6% relative to the S&P 500. The 4-week change in the price of the stock is -1.5% and the stock has fallen -2.19% in the past 1 week.

Albemarle Corporation (NYSE:ALB): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $82.22 and $81.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $82.65. The buying momentum continued till the end and the stock did not give up its gains. It closed at $82.33, notching a gain of 0.26% for the day. The total traded volume was 1,723,331 . The stock had closed at $82.12 on the previous day.

The stock has recorded a 20-day Moving Average of 3.06% and the 50-Day Moving Average is 0.34%. Albemarle Corporation is up 20.42% in the last 3-month period. Year-to-Date the stock performance stands at 48.29%.

Albemarle Corporation (ALB) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $102 and the lowest price target forecast is $50. The average forecast of all the analysts is $77.1 and the expected standard deviation is $18.53.


Albemarle Corporation (Albemarle) is a developer, manufacturer and marketer of specialty chemicals across a range of end markets, including the petroleum refining, consumer electronics, plastics/packaging, construction, automotive, lubricants, pharmaceuticals, crop protection, food-safety and custom chemistry services markets. The Company operates through two segments: Performance Chemicals and Catalyst Solutions. As of December 31, 2014, the Performance Chemicals segment includes the Fire Safety Solutions, Specialty Chemicals and Fine Chemistry Services product categories. As of December 31, 2014, the Catalyst Solutions segment includes the Refinery Catalyst Solutions and Performance Catalyst Solutions product categories.

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