Tag: NASDAQ:RTK

  • Chemicals Major Diversified: The Dow Chemical Company (NYSE:DOW), Huntsman Corporation (NYSE:HUN), Rentech (NASDAQ:RTK), Celanese Corporation (NYSE:CE), Praxair (NYSE:PX)

    Shares of The Dow Chemical Company (NYSE:DOW) have been given an average recommendation of “Hold” by the fifteen brokerages that are presently covering the stock. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating on the company. The Dow Chemical Company (NYSE:DOW) net profit margin is 8.40% and weekly performance is -0.13%. On last trading day company shares ended up $52.05. Analysts mean target price for the company is $54.44. The Dow Chemical Company (NYSE:DOW) distance from 50-day simple moving average is 2.88%.

    Huntsman Corporation (NYSE:HUN), BASF, Shanghai Hua Yi (Group) Company, Shanghai Chlor-Alkali Chemical Co. Ltd. and SINOPEC Group Assets Management Corporation plan to build a new plant to produce 240,000 metric tons of crude MDI (diphenylmethane diisocyanate) per year at Shanghai Lianheng Isocyanate Co. Ltd. (SLIC) in Caojing, China. With the new plant, the crude MDI capacity at this site will be doubled to 480,000 metric tons per year. In addition, the partners plan to build an HCl (hydrogen chloride) recycling plant for the production of chlorine, a precursor for MDI. The facility is expected to start up 2017. Huntsman Corporation (NYSE:HUN) shares advanced 1.76% in last trading session and ended the day on $28.31. HUN Gross Margin is 16.70% and its return on assets is 2.30%. Huntsman Corporation (NYSE:HUN) quarterly performance is 11.46%.

    Rentech (NYSE:RTK) CFO Dan J. Cohrs sold 68,596 shares of the stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $2.59, for a total transaction of $177,663.64. Following the completion of the transaction, the chief financial officer now directly owns 731,011 shares of the company’s stock, valued at approximately $1,893,318. Rentech, Inc. (NASDAQ:RTK) shares moved down -0.79% in last trading session and was closed at $2.50, while trading in range of $2.46-$2.54. Rentech, Inc. (NASDAQ:RTK) year to date performance is 42.86%.

    Celanese Corporation (NYSE:CE), a global technology and specialty materials company, announced that it will host a conference call to discuss its second quarter 2014 results on Friday, July 18, 2014, beginning at 10:00 a.m. Eastern time. Commenting on results will be Mark Rohr, chairman and chief executive officer, and Chris Jensen, senior vice president, finance. Celanese Corporation (NYSE:CE) ended the last trading day at $66.05. Company weekly volatility is calculated as 1.55% and price to cash ratio as 9.89. Celanese Corporation (NYSE:CE) showed a positive weekly performance of 4.18%.

    Praxair, Inc. (NYSE: PX) will release its second quarter 2014 financial results on July 23, 2014, before the market opens and will host a conference call at 11:00 a.m. EDT that morning. Following are details for the listen-only conference call, which will be available live and on demand to the public and the media. Praxair, Inc. (NYSE:PX) net profit margin is 15.00% and weekly performance is 1.73%. On last trading day company shares ended up $133.30. Analysts mean target price for the company is $141.75. Praxair, Inc. (NYSE:PX) distance from 50-day simple moving average is 1.71%.