FMC Corporation (FMC) : During the past 4 weeks, traders have been relatively bearish on FMC Corporation (FMC), hence the stock is down -3.47% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.3% relative to the S&P 500. The 4-week change in the price of the stock is -2.48% and the stock has fallen -1.24% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.04% and the 50-Day Moving Average is 0.06%. FMC Corporation (NYSE:FMC): On Fridays trading session , Opening price of the stock was $48.11 with an intraday high of $48.43. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $47.5. However, the stock managed to close at $47.65, a loss of 1.45% for the day. On the previous day, the stock had closed at $48.35. The total traded volume of the day was 1,095,121 shares.
The company Insiders own 1% of FMC Corporation shares according to the proxy statements. Institutional Investors own 99.06% of FMC Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -14.16%. Also, Citigroup maintains their rating on the shares of FMC Corporation (NYSE:FMC). The current rating of the shares is Neutral. Equity Analysts at the Firm raises the price target to $51 per share from $48 per share. The rating by the firm was issued on July 15, 2016.
FMC Corporation is a diversified chemical company. The Company serves agricultural, consumer and industrial markets with solutions, applications and products around the world. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. The Companys FMC Agricultural Solutions segment develops, markets and sells three classes of crop protection chemicals, which include insecticides, herbicides and fungicides. The FMC Health and Nutrition segment focuses on food, pharmaceutical ingredients, nutraceuticals, personal care and similar markets. The pharmaceutical additives are used for binding, encapsulation and disintegrant applications. The Companys FMC Lithium segment manufactures lithium products.