Trinseo S.A. (TSE) has been under a strong bear grip, hence the stock is down -2.81% 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 2.17% in the past 1 week. The stock has risen by 2.33% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.33% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.93% and the 50-Day Moving Average is 4.01%.The 200 Day SMA reached 38.31%
Trinseo S.A. (NYSE:TSE): The stock opened in the green at $57.9 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $57.925 and a low of $56.16 for the day. The stock did not find buyers even at the lows and closed at $56.56 recording a loss of -1.31%. 2,031,187 shares exchanged hands during the trading day. The stock had closed at $56.56 in the previous days trading.
Trinseo S.A. (TSE) : The most positive equity analysts on Trinseo S.A. (TSE) expects the shares to touch $65, whereas, the least positive believes that the stock will trade at $52 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $57.5 with an expected fluctuation of $5.57 from the mean.
Trinseo S.A. is a materials company engaged in the manufacture and marketing of emulsion polymers and plastics, including various specialty and technologically differentiated products. The company operates in four segments under two business units. Its Emulsion Polymers business unit includes its Latex segment and its Synthetic Rubber segment. Its Plastics business unit includes its Styrenics segment and its Engineered Polymers segment. The Latex segment produces SB latex primarily for coated paper and packaging board, carpet and artificial turf backings, as well as a number of performance latex applications. The Synthetic Rubber segment produces synthetic rubber products used predominantly in tires, with additional applications in polymer modification and technical rubber goods. The Styrenics and Engineered Polymers segments offer plastics products with formulations developed for durable applications, such as consumer electronics, automotive and construction.