LyondellBasell Industries N.V. (NYSE: LYB) is 2.42% higher on its value in year-to-date trading and has touched a low of $71.46 and a high of $112.53 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LYB stock was last observed hovering at around $84.16 in the last trading session, with the day’s gains setting it 0.88%.
Currently trading at $85.04, the stock is -9.64% and -9.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.57 million and changing 1.05% at the moment leaves the stock -3.04% off its SMA200. LYB registered -9.72% loss for a year compared to 6-month gain of 7.65%.
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The stock witnessed a -15.07% loss in the last 1 month and extending the period to 3 months gives it a 1.09%, and is -6.71% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.52% over the week and 2.58% over the month.
LyondellBasell Industries N.V. (LYB) has around 19300 employees, a market worth around $28.42B and $50.45B in sales. Current P/E ratio is 7.15 and Fwd P/E is 7.99. Profit margin for the company is 7.70%. Distance from 52-week low is 19.00% and -24.43% from its 52-week high. The company has generated returns on investments over the last 12 months (17.60%).
LyondellBasell Industries N.V. (LYB) Analyst Forecasts
LyondellBasell Industries N.V. is expected to release its quarterly report on 04/28/2023.The EPS is expected to shrink by -29.50% this year
LyondellBasell Industries N.V. (LYB) Top Institutional Holders
The shares outstanding are 310.00M, and float is at 254.76M with Short Float at 2.78%.
LyondellBasell Industries N.V. (LYB) Insider Activity
A total of 82 insider transactions have happened at LyondellBasell Industries N.V. (LYB) in the last six months, with sales accounting for 64 and purchases happening 18 times. The most recent transaction is an insider sale by Kaplan Jeffrey A, the company’s EVP and General Counsel. SEC filings show that Kaplan Jeffrey A sold 10,000 shares of the company’s common stock on Feb 07 at a price of $98.99 per share for a total of $0.99 million. Following the sale, the insider now owns 47600.0 shares.
LyondellBasell Industries N.V. disclosed in a document filed with the SEC on Dec 31 that Sharma Anup (SVP, Global Business Services) sold a total of 1,713 shares of the company’s common stock. The trade occurred on Dec 31 and was made at $84.91 per share for $0.15 million. Following the transaction, the insider now directly holds 8998.0 shares of the LYB stock.
Still, SEC filings show that on Dec 02, AI INVESTMENTS HOLDINGS LLC (10% Owner) disposed off 729,846 shares at an average price of $84.85 for $61.93 million. The insider now directly holds 3,321 shares of LyondellBasell Industries N.V. (LYB).