In Thursday’s Wall Street session, Huntsman Corp (NYSE:HUN) shares traded at $17.81, up 2.00% from the previous session.
HUN stock price is now 3.27% away from the 50-day moving average and -14.90% away from the 200-day moving average. The market capitalization of the company currently stands at $3.08B.
On June 07, 2024, JP Morgan Upgraded its previous ‘Underweight’ rating to ‘Overweight’ on the stock increasing its target price from $22 to quote $27, while ‘Wells Fargo’ rates the stock as ‘Overweight’
In other news, Huntsman Peter R, Chairman, President & CEO bought 15,000 shares of the company’s stock on Mar 03 ’25. The stock was bought for $247,500 at an average price of $16.50. Upon completion of the transaction, the Chairman, President & CEO now directly owns 6,498,227 shares in the company, valued at $115.73 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’25, Chairman, President & CEO Huntsman Peter R bought 15,000 shares of the business’s stock. A total of $235,905 was incurred on buying the stock at an average price of $15.73. This leaves the insider owning 6,513,227 shares of the company worth $116.0 million. A total of 5.63% of the company’s stock is owned by insiders.
During the past 12 months, Huntsman Corp has had a low of $15.46 and a high of $27.01. As of last week, the company has a debt-to-equity ratio of 0.76, a current ratio of 1.36, and a quick ratio of 0.77.
The net profit margin was -2.68% and return on equity was -5.22% for HUN. The company reported revenue of $1.45 billion for the quarter, compared to $1.4 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.49 percent.
