In yesterday’s Wall Street session, LyondellBasell Industries NV (NYSE:LYB) shares traded at $77.41, down -0.69% from the previous session.
LYB stock price is now -11.93% away from the 50-day moving average and -18.94% away from the 200-day moving average. The market capitalization of the company currently stands at $25.14B.
On February 05, 2024, JP Morgan Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock increasing its target price from $95 to quote $100, while ‘Deutsche Bank’ rates the stock as ‘Hold’
In other news, Friedrichs Dale D, EVP, Ops Excellence, HSE sold 4,970 shares of the company’s stock on Aug 20 ’24. The stock was sold for $480,997 at an average price of $96.78. Upon completion of the transaction, the EVP, Ops Excellence, HSE now directly owns 34,220 shares in the company, valued at $2.65 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 20 ’24, Officer DALE FRIEDRICHS bought 4,970 shares of the business’s stock. A total of $480,997 was incurred on buying the stock at an average price of $96.78. A total of 20.31% of the company’s stock is owned by insiders.
During the past 12 months, LyondellBasell Industries NV has had a low of $77.38 and a high of $107.02. As of last week, the company has a debt-to-equity ratio of 0.92, a current ratio of 2.13, and a quick ratio of 1.25. According to the stock market information, the enterprise value for the company is $35390427136, which is based on a 11.79 price-to-earnings ratio, a 3.36 price-to-earnings-growth ratio, and a beta of 1.04. The fifty day moving average price for LYB is $88.241 and a two-hundred day moving average price translates $95.59715 for the stock.
The latest earnings results from LyondellBasell Industries NV (NYSE: LYB) was released for 2024-09-30. The net profit margin was 5.28% and return on equity was 16.01% for LYB. The company reported revenue of $10.32 billion for the quarter, compared to $10.62 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.85 percent.
