Ashland (ASH) : During the past 4 weeks, traders have been relatively bearish on Ashland (ASH), hence the stock is down -1.48% 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 -2.08% relative to the S&P 500. The 4-week change in the price of the stock is -2.01% and the stock has fallen -1.92% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.62% and the 50-Day Moving Average is 0.78%.The 200 Day SMA reached 6.6%
Ashland (NYSE:ASH): The stock opened in the green at $117.13 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $117.88 and a low of $115.88 for the day. The stock did not find buyers even at the lows and closed at $115.95 recording a loss of -0.79%. 1,048,284 shares exchanged hands during the trading day. The stock had closed at $115.95 in the previous days trading.
Ashland (ASH) stock is expected to deviate a maximum of $5.59 from the average target price of $133.2 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $140 and the most muted being $125.
Ashland Inc. (Ashland) is a specialty chemical company that provides products, services and solutions to industries. The Companys segments are: Ashland Specialty Ingredients offers products, technologies and resources in key markets including personal and home care, pharmaceutical, food and beverage, coatings, construction, energy and other industries; Ashland Water Technologies is a supplier of specialty chemicals and services to the pulp, paper, mining, food and beverage, power generation, refining, chemical processing, general manufacturing and municipal markets. Ashland Performance Materials helps customers to create substitutes for traditional materials through higher performing, cost-efficient resin and adhesive technologies that improve the manufacturing, fabrication and design process, and Ashland Consumer Markets delivers premium-branded automotive, commercial and industrial lubricants, automotive chemicals and car-care products.