PR Newswire
NEW YORK, September 13, 2016
NEW YORK, September 13, 2016 /PRNewswire/ --
This morning, Stock-Callers.com takes a look at four U.S. Specialty Chemicals equities, namely: The Chemours Co. (NYSE: CC), Albemarle Corp. (NYSE: ALB), PPG Industries Inc. (NYSE: PPG), and Green Plains Inc. (NASDAQ: GPRE). On September 01, 2016, Moody's changed its outlook for the North American and EMEA chemicals industry to stable from negative. Learn more about these stocks by downloading their comprehensive and free reports at: http://stock-callers.com/registration
The Chemours
Wilmington, Delaware headquartered The Chemours Co.'s stock finished Monday's session 3.51% higher at $13.26 with a total trading volume of 2.92 million shares. The Company's shares have advanced 13.24% in the past month, 58.65% in the previous three months, and 150.03% since the start of this year. The stock is trading 27.20% above its 50-day moving average and 72.94% above its 200-day moving average. Additionally, shares of Chemours, which provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America, have a Relative Strength Index (RSI) of 64.51.
On September 01st, 2016, Chemours announced that it completed the sale of its Clean and Disinfect business - part of its Chemical Solutions segment - to LANXESS for approximately $230 million in cash on August 31st, 2016. CC complete research report is just a click away and free at: http://stock-callers.com/registration/?symbol=CC
Albemarle
On Monday, shares in Baton Rouge, Louisiana headquartered Albemarle Corp. recorded a trading volume of 1.52 million shares. The stock ended the session 0.81% higher at $77.44. The Company's shares have advanced 39.49% on an YTD basis. The stock is trading 15.31% above its 200-day moving average. Moreover, shares of Albemarle, which develops, manufactures, and markets engineered specialty chemicals worldwide, have an RSI of 34.90.
On September 12th, 2016, Albemarle announced that it has entered into an agreement with Bolland Minera S.A., for the exclusive exploration and acquisition rights to a lithium resource in Antofalla, within the Catamarca Province of Argentina. Albemarle believes that this lithium resource will be certified as the largest lithium resource in Argentina. The complimentary report on ALB can be downloaded at: http://stock-callers.com/registration/?symbol=ALB
PPG Industries
Shares in Pittsburgh, Pennsylvania headquartered PPG Industries Inc. closed the day 1.88% higher at $102.76. The stock recorded a trading volume of 1.59 million shares, higher than its three months average volume of 1.49 million shares. The Company's shares have gained 5.18% on an YTD basis and are trading 0.63% below their 200-day moving average. Additionally, shares of PPG Industries, which manufactures and distributes coatings, specialty materials, and glass products, have an RSI of 39.85.
On September 1st, 2016, PPG announced that its coatings and resins manufacturing facility in Delaware, Ohio, has earned a Gold Level Encouraging Environmental Excellence (E3) Award from the Ohio Environmental Protection Agency. Sign up for your complimentary research report on PPG at: http://stock-callers.com/registration/?symbol=PPG
Green Plains
At the close, shares in Omaha, Nebraska headquartered Green Plains Inc. ended the day at $25.17, climbing 1.29%. The stock recorded a trading volume of 636,946 shares. The Company's shares have advanced 12.22% in the last one month, 37.99% over the previous three months, and 9.91% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 10.67% and 32.63%, respectively. Furthermore, shares of Green Plains, which produces, markets, and distributes ethanol in the US and internationally, have an RSI of 62.39.
On August 22nd, 2016, Green Plains announced that it was the successful bidder on three ethanol plants for sale by Abengoa Bioenergy conducted under the provisions of the U.S. Bankruptcy Code. The company will purchase the Madison, Illinois, Mount Vernon, Indiana, and York, Nebraska ethanol facilities, with combined annual production capacity of 236 million gallons per year, for approximately $237 million in cash, plus certain working capital adjustments. Get free access to your research report on GPRE at: http://stock-callers.com/registration/?symbol=GPRE
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