20.01.2017 13:30:00

Chemicals Stocks Under Review -- Dow Chemical, Gevo, Huntsman, and Celanese

NEW YORK, January 20, 2017 /PRNewswire/ --

Companies in the Diversified Chemicals space are largely intermediate producers of a broad array of chemicals and industrial gases, which are mostly used as raw materials by manufacturing industries. Stocks of these firms are more commonly characterized as growth-and-income holdings, and are generally suited to investors seeking broad exposure to the manufacturing sector of the economy. Today, Stock-Callers.com has lined up four major players in the industry to see how they have fared over the last few trading sessions. Under assessment are The Dow Chemical Co. (NYSE: DOW), Gevo Inc. (NASDAQ: GEVO), Huntsman Corp. (NYSE: HUN), and Celanese Corp. (NYSE: CE). Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration


Dow Chemical
 

Midland, Michigan headquartered The Dow Chemical Co.'s stock finished Thursday's session 1.07% lower at $57.09 with a total trading volume of 4.08 million shares. The Company's shares have advanced 7.17% in the previous three months. The stock is trading 1.90% above its 50-day moving average and 8.41% above its 200-day moving average. Additionally, shares of Dow Chemical, which manufactures and supplies products that are used primarily as raw materials in the manufacture of customer products and services worldwide, have a Relative Strength Index (RSI) of 49.25.

As per a SEC filing dated January 06th, 2017, Dow Chemical's board of directors adopted resolutions approving an amendment to the Company's Restated Certificate of Incorporation by way of a certificate of elimination for its Cumulative Convertible Perpetual Preferred Stock, Series A, par value $1.00 per share contingent upon the conversion of all such Series A Preferred Stock into shares of the Company's common stock. As per a previous disclosure by the company, all shares of the Series A Preferred Stock have been converted into shares of the Company's common stock effective December 30th 2016. On January 06th, 2017, the Company filed the Certificate of Elimination with the Secretary of State of the State of Delaware, which is the effective date of the amendment. Sign up and read the free research report on DOW at:

http://stock-callers.com/registration/?symbol=DOW


Gevo Inc. 

On Thursday, shares in Englewood, Colorado headquartered Gevo Inc. recorded a trading volume of 528,702 shares. The stock ended the session 5.87% lower at $3.53. The Company's shares have advanced 3.82% on an YTD basis. The stock is trading 34.04% below its 50-day moving average. Moreover, shares of Gevo, which focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks, have an RSI of 35.05.

On January 13th, 2017, research firm Rodman & Renshaw reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $4 a share to $12 a share.

On January 17th, 2017, Gevo announced that the US Environmental Protection Agency ("EPA") has approved the pathway for isobutanol produced at Gevo's Luverne, MN plant to be an advanced biofuel under the Renewable Fuel Standard Program. The Company stated that this is the first time that the EPA has approved a pathway for an advanced biofuel that uses starch from feed corn to produce an alcohol. The complimentary research report on GEVO can be downloaded at:

http://stock-callers.com/registration/?symbol=GEVO


Huntsman  

Shares in The Woodlands, Texas headquartered Huntsman Corp. closed the day 2.24% lower at $19.66. The stock recorded a trading volume of 1.41 million shares. The Company's shares have gained 25.38% in the previous three months and 3.04% on an YTD basis. The stock is trading 2.06% and 21.00% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Huntsman, which together with its subsidiaries, manufactures and sells differentiated organic and inorganic chemical products worldwide, have an RSI of 50.79.

On January 17th, 2017, Huntsman announced that it has decided to retain the Textile Effects business and exclude it from its planned Pigments and Additives spin-off. Huntsman also announced that the name of its planned spin-off will be Venator Materials Corporation. Venator shares are expected to trade on the NYSE under the ticker VNTR after the distribution to Huntsman's shareholders, which remains targeted for Q2 2017. Register for free on Stock-Callers.com and access the latest report on HUN at:

http://stock-callers.com/registration/?symbol=HUN


Celanese  

At the close, shares in Irving, Texas headquartered Celanese Corp. finished 0.42% lower at $82.21. The stock recorded a trading volume of 864,719 shares, which was above its three months average volume of 848,360 shares. The Company's shares have advanced 0.69% in the last one month, 19.11% over the previous three months, and 4.41% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.14% and 17.06%, respectively. Furthermore, shares of Celanese, which manufactures and sells value-added chemicals, thermoplastic polymers, and other chemical-based products worldwide, have an RSI of 55.63. Get free access to your research report on CE at:

http://stock-callers.com/registration/?symbol=CE

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP


CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA

Nachrichten zu Gevo Inc Registered Shsmehr Nachrichten

Keine Nachrichten verfügbar.

Analysen zu Gevo Inc Registered Shsmehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

Celanese Corp. 66,04 -0,27% Celanese Corp.
Huntsman Corp. 17,20 -0,58% Huntsman Corp.