Huntsman Corporation (HUN) managed to rebound with the stock climbing 1.77% or $0.35 to close the day at $20.11 on light trading volume of 2.07M shares, compared to its three month average trading volume of 2.52M. The Salt Lake City Utah 84108 based company has been outperforming the chemicals – major diversified group over the past 52 weeks, with the stock gaining 158.16%, compared to the industry which has advanced 43.64% over the same period. With RSI of 58.72, the stock should still continue to rise and get closer to its one year target estimate of $21, making it a hold for now.
Huntsman Corporation, together with its subsidiaries, manufactures and sells differentiated organic and inorganic chemical products worldwide. The company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives. The Polyurethanes segment offers polyurethane chemicals, including methyl diphenyl diisocyanate, propylene oxide, polyols, propylene glycol, thermoplastic polyurethane, aniline, and methyl tertiary-butyl ether products, which are used to produce rigid and flexible foams, as well as coatings, adhesives, sealants, and elastomers. The Performance Products segment provides amines, carbonates, surfactants, linear alkyl benzene, maleic anhydride, other performance chemicals, ethylene glycol, olefins, and technology licenses. The Advanced Materials segment offers basic liquid and solid epoxy resins; specialty resin compounds; cross-linking, matting, and curing agents; and epoxy, acrylic, and polyurethane-based formulations. The Textile Effects segment provides textile chemicals, dyes, and inks. The Pigments and Additives segment offers titanium dioxide, functional additives, color pigments, timber treatment, and water treatment chemicals. The companys products are used in various applications, including adhesives, aerospace, automotive, construction products, personal care and hygiene, durable and non-durable consumer products, electronics, medical, packaging, paints and coatings, power generation, refining, synthetic fiber, textile chemicals, and dye industries. Huntsman Corporation was founded in 1970 and is headquartered in The Woodlands, Texas.
Intercontinental Exchange, Inc. (ICE) climbed 1.51% during last trading as the stock added $0.85 to finish the day at $57.31 with about 2.07M shares changing hands, compared to its three month average trading volume of 2.89M. The $34.07B market cap company, which fluctuated between $56.21 and $57.42 during the day, currently situated 27.73% above its 52 week low of $45.44 and -4.2% away from its one year high of $59.86. The RSI of 55.37 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Intercontinental Exchange, Inc. operates regulated exchanges, clearing houses, and listings venues for financial and commodity markets in the United States, the United Kingdom, Continental Europe, Asia, Israel, and Canada. The company operates marketplaces for trading and clearing an array of derivatives and securities contracts across various asset classes, including energy and agricultural commodities, interest rates, equities, equity derivatives, credit derivatives, bonds, and currencies. It primarily provides trade execution, listing, price discovery and transparency, trade processing and repositories, clearing, benchmark administration, and market data services. The company operates exchanges and marketplaces, such as ICE Futures Europe, ICE Futures U.S., ICE Futures Canada, ICE Endex, NYSE Amex Options, NYSE Arca Options, and ICE Futures Singapore, as well as over-the-counter markets for physical energy and credit default swaps, and central counterparty clearing houses. It serves financial institutions, money managers, trading firms, commodity producers and consumers, institutional and individual investors, and other business entities. The company was founded in 2000 and is headquartered in Atlanta, Georgia.
American Tower Corporation (AMT) saw its value increase by 0.48% as the stock gained $0.5 to finish the day at a closing price of $105.67. The stock was lighter in trading and has fluctuated between $83.07-$118.26 per share for the past year. The shares, which traded within a range of $105.04 to $106.42 during the day, are down by -6.77% in the past three months and down by -9.53% over the past six months. It is currently trading 0.06% above its 20 day moving average and -0.14% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $130.47 a share over the next twelve months. The current relative strength index (RSI) reading is 52.39. The technical indicator lead us to believe there will be no major movement any time soon, hold.
American Tower Corporation is a real estate investment trust. It invests in the real estate markets across the globe. The firm engages in leasing of space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data and data providers, government agencies and municipalities and tenants in a number of other industries. American Tower Corporation was founded in 1995 and is headquartered in Boston, Massachusetts.