FMC Corporation (FMC) has risen sharply, recording gains of 1.75% in the past 4 weeks. However, the stock has corrected -0.51% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.3% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.39% and the 50-Day Moving Average is 1.93%.The 200 Day SMA reached 12.78%
FMC Corporation (NYSE:FMC): After opening at $48.56, the stock dipped to an intraday low of $48.31 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $49.11 and the buying power remained strong till the end. The stock closed at $48.34 for the day, a gain of 0.21% for the day session. The total traded volume was 765,517. The stocks close on the previous trading day was $48.34.
FMC Corporation (FMC) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $58 and the lowest price target forecast is $38. The average forecast of all the analysts is $50.33 and the expected standard deviation is $6.8.
FMC Corporation is a diversified chemical company. The Company serves agricultural, consumer and industrial markets with solutions, applications and products around the world. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. The Companys FMC Agricultural Solutions segment develops, markets and sells three classes of crop protection chemicals, which include insecticides, herbicides and fungicides. The FMC Health and Nutrition segment focuses on food, pharmaceutical ingredients, nutraceuticals, personal care and similar markets. The pharmaceutical additives are used for binding, encapsulation and disintegrant applications. The Companys FMC Lithium segment manufactures lithium products.