Albemarle Corporation (ALB) stock surged +8.25%, trading at $102.09 on NYSE, up from the previous close of $94.31. The stock opened at $99.20, fluctuating between $98.40 and $102.10 in the recent session.
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and other markets. It also provides cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Bromine segment offers bromine and bromine-based fire safety solutions; specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals for use in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, water purification, beef and poultry processing, and other industrial applications; and other specialty chemicals, such as tertiary amines for surfactants, biocides, and disinfectants and sanitizers. The Catalysts segment provides hydroprocessing, isomerization, and akylation catalysts; fluidized catalytic cracking catalysts and additives; and organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection markets. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.
Employees | 9000 |
Beta | 1.543 |
Sales or Revenue | $9.62B |
5Y Sales Change% | 1.634% |
Fiscal Year Ends | December |
Sector | Basic Materials |
Industry | Chemicals - Specialty |
Albemarle Corporation (NYSE: ALB) stock price is $102.09 in the last trading session. During the trading session, ALB stock reached the peak price of $102.10 while $98.40 was the lowest point it dropped to. The percentage change in ALB stock occurred in the recent session was 8.25% while the dollar amount for the price change in ALB stock was $7.78.
The NYSE listed ALB is part of Chemicals - Specialty industry that operates in the broader Basic Materials sector. Albemarle Corporation designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Mr. Ahmad Khalifeh
Managing Director of Middle East Office
Ms. Karen G. Narwold Esq.
Executive Vice President & Chief Admin. Officer
Mr. Netha N. Johnson Jr.
Pres of Specialties
Mr. Raphael Goszcz Crawford
Pres of Ketjen
Mr. Eric W. Norris
Pres of Energy Storage
Mr. Jerry Kent Masters Jr.
Chairman & Chief Executive Officer
Mr. Scott A. Tozier
Executive Vice President & Chief Financial Officer
Ms. Kristin M. Coleman Esq.
Executive Vice President, Gen. Counsel & Corporation Sec.
Mr. John Clarence Barichivich III
Vice President, Corporation Controller & Chief Accounting Officer
Mr. Patrick Thompson
Chief Information Officer
Ms. Melissa H. Anderson
Executive Vice President & Chief People Officer
Mr. Brian Tessin
Chief Tax Counsel & Vice President of Tax
Dr. Glen Merfeld
Chief Technology Officer of Lithium Bus.
ALB's closing price is 41.85% higher than its 52-week low of $71.97 where as its distance from 52-week high of $177.52 is -42.49%.
Number of ALB employees currently stands at 9,000.
Official Website of ALB is: https://www.albemarle.com
ALB could be contacted at phone 980 299 5700 and can also be accessed through its website. ALB operates from 4250 Congress Street, Charlotte, NC 28209, United States.
ALB stock volume for the day was 4.05M shares. The average number of ALB shares traded daily for last 3 months was 2.91M.
The market value of ALB currently stands at $12.00B with its latest stock price at $102.09 and 117.53M of its shares outstanding.
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