Westlake Chemical Corporation (WLK) Shares are Down -0.65%

On a relative basis, the stock has outperformed the S&P 500 by 0.64% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The 4-week change in the price of the stock is -1.39% and the stock has fallen -0.65% in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.55% and the 50-Day Moving Average is 4.77%.The 200 Day SMA reached 7.13% Westlake Chemical Corp. is up 15.03% in the last 3-month period. Year-to-Date the stock performance stands at -6.44%.


Westlake Chemical Corporation (WLK) : The highest level Westlake Chemical Corporation (WLK) is projected to reach is $65 for the short term and the lowest estimate is at $56. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $59.4 and the possibility the share price can swing is $3.36.

For the current week, the company shares have a recommendation consensus of Buy. Westlake Chemical Corporation (NYSE:WLK): The stock opened at $49.28 and touched an intraday high of $50.42 on Friday. During the day, the stock corrected to an intraday low of $49.22, however, the bulls stepped in and pushed the price higher to close in the green at $50.2 with a gain of 0.16% for the day. The total traded volume for the day was 1,123,251. The stock had closed at $50.2 in the previous trading session.

Westlake Chemical Corporation is a vertically integrated manufacturer and marketer of basic chemicals, vinyls, polymers and fabricated building products. The Companys products include a range of chemicals used in the world, which are fundamental to many diverse consumer and industrial markets, including flexible and rigid packaging, automotive products, coatings, residential and commercial construction, as well as other durable and non-durable goods. The Company operates in two principal operating segments, Olefins and Vinyls. The Company is an integrated producer of vinyls with substantial downstream integration into polyvinyl chloride (PVC) building products. The Olefins segment manufactures a range of petrochemical products. The Vinyls segment primarily offers PVC, vinyl chloride monomer (VCM), ethylene dichloride (EDC), chlorine, caustic soda and, through Westlake Chemical OpCo LP, ethylene.

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