NEW YORK, December 13, 2016 /PRNewswire/ --
Today, Stock-Callers.com highlights the performances of four major players in the Diversified Chemicals space: Gevo Inc. (NASDAQ: GEVO), The Dow Chemical Co. (NYSE: DOW), Huntsman Corp. (NYSE: HUN), and Celanese Corp. (NYSE: CE). As per an article on Zacks, the US Chemical industry remains on course for growth this year and in 2017 despite a strong dollar and a low oil price environment. Additionally, the American Chemistry Council said that U.S. chemical production would rise 1.6% in 2016 and 3.7% in 2017. Learn more about these stocks by accessing their free research reports at:
http://stock-callers.com/registration
Gevo Inc.
Shares in Englewood, Colorado headquartered Gevo Inc. saw a decline of 13.89%, ending Monday's trading session at $0.23. The stock recorded a trading volume of 8.71 million shares, which was above its three months average volume of 5.90 million shares. The Company's shares are trading 39.34% below their 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 a Relative Strength Index (RSI) of 23.79.
On November 14th, 2016, Gevo reported revenues of $6.9 million for Q3 2016 compared to $8.0 million in Q3 2015. During Q3 2016, revenues derived at the Luverne plant were $6.4 million, a decrease of approximately $1.2 million from Q3 2015. The company's net loss for Q3 2016 was $9.8 million compared to $6.5 million in Q3 2015. The Company's cash position at September 30th, 2016 was $31.1 million. Free research report on GEVO is available at:
http://stock-callers.com/registration/?symbol=GEVO
Dow Chemical
Midland, Michigan headquartered The Dow Chemical Co.'s stock rose 0.97%, closing the day at $58.27. A total volume of 10.20 million shares was traded, which was above their three months average volume of 6.79 million shares. The Company's shares have advanced 7.61% in the last month, 12.96% in the previous three months, and 16.29% on an YTD basis. The stock is trading 7.90% and 12.20% above its 50-day and 200-day moving averages, respectively. 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 an RSI of 77.56.
On December 09th, 2016, Dow Chemical announced that it will invest in a new, state-of-the-art innovation center in Midland, Michigan. The innovation center will support approximately 200 research and development jobs in Michigan, including 100 newly created jobs while repatriating 100 jobs from other Dow facilities throughout the globe to Midland. The complimentary research report on DOW can be downloaded at:
http://stock-callers.com/registration/?symbol=DOW
Huntsman
On Monday, shares in The Woodlands, Texas headquartered Huntsman Corp. recorded a trading volume of 5.85 million shares, which was higher than their three months average volume of 3.39 million shares. The stock ended the day 2.56% lower at $19.79. The Company's shares have gained 6.40% in the past month, 37.34% over the previous three months, and 78.74% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 11.72% and 28.38%, respectively. Furthermore, shares of Huntsman, which together with its subsidiaries, manufactures and sells differentiated organic and inorganic chemical products worldwide, have an RSI of 62.00.
On November 15th, 2016, Huntsman announced that its wholly owned subsidiary, Huntsman International LLC, closed a new $350 million term loan B due 2021 and a new $1.38 billion term loan B due 2023. Proceeds from the new term loans were used to repay in full its previous term loan B due 2021 and term loan B due 2023. As a result of this refinancing, the Company extended $829 million of term loan maturities from 2021 to 2023 and did not increase its overall indebtedness.
Yesterday, research firm Goldman downgraded the Company's stock rating from 'Buy' to 'Neutral'. Visit us today and access our complete research report on HUN at:
http://stock-callers.com/registration/?symbol=HUN
Celanese
Irving, Texas headquartered Celanese Corp.'s stock climbed 0.39%, finishing yesterday's session at $83.10 with a total trading volume of 626,520 shares. The Company's shares have advanced 8.93% in the last one month, 36.99% in the previous three months, and 26.03% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 13.59% and 22.23%, respectively. Additionally, shares of Celanese, which manufactures and sells value-added chemicals, thermoplastic polymers, and other chemical-based products worldwide, have an RSI of 78.77.
On December 01st, 2016, research firm Cowen reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $80 a share to $88 a share.
On December 02nd, 2016, Celanese announced that it will increase list and off-list selling prices for paraformaldehyde. The company stated that the price increase of $0.035 USD/lb for Paraformaldehyde 91-93% will be effective December 15th, 2016, or as contracts allow. 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
