Shares of Huntsman Corporation (HUN) Rally 8.32%

Huntsman Corporation (HUN) has been under a strong bear grip, hence the stock is down -4.06% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 6.73% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 8.32% in the last 1 week, and is up 0.13% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 7.78% and the 50-Day Moving Average is 6.45%.

Huntsman Corporation (NYSE:HUN): The stock opened at $15.57 on Friday but the bulls could not build on the opening and the stock topped out at $15.72 for the day. The stock traded down to $15.22 during the day, due to lack of any buying support eventually closed down at $15.62 with a loss of -0.06% for the day. The stock had closed at $15.63 on the previous day. The total traded volume was 2,697,370 shares.


The company Insiders own 19.68% of Huntsman Corporation shares according to the proxy statements. Institutional Investors own 68.28% of Huntsman Corporation shares. In a related news, Ridd Brian V, (Sr. VP, Purchasing) of Huntsman Corp, executed a transaction worth $30,600 on December 16, 2015. A total of 3,000 shares were purchased at an average price of $10.2. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Huntsman Corporation (Huntsman) is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company is also engaged in performance additives and titanium dioxide business. The Company also offers titanium dioxide, a white pigment derived from titanium bearing ores; functional additives made from barium and zinc-based inorganics; color pigments made from synthetic iron-oxide and other inorganic pigments; timber treatment wood protection chemicals; water treatment products, and specialty automotive molded components. The Company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects and Pigments and Additives. Its products are used in a range of applications, including those in the adhesives, aerospace, automotive, construction products, personal care and hygiene, durable and non-durable consumer products, electronics, medical, packaging and paints and coatings.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *