FMC Corporation (FMC) : Traders are bullish on FMC Corporation (FMC) as it has outperformed the S&P 500 by a wide margin of 2.02% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.97%, relative to the S&P 500. The stock has risen by 6.53% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.04% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.85% and the 50-Day Moving Average is 0.63%.The 200 Day SMA reached 12.21% FMC Corp. has dropped 0.65% during the last 3-month period . Year-to-Date the stock performance stands at 23.11%.
FMC Corporation (FMC) : The highest level FMC Corporation (FMC) is projected to reach is $58 for the short term and the lowest estimate is at $38. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $50.33 and the possibility the share price can swing is $6.8.
Company shares have received an average consensus rating of Hold for the current week FMC Corporation (NYSE:FMC): The stock opened at $46.94 and touched an intraday high of $48.24 on Friday. During the day, the stock corrected to an intraday low of $46.94, however, the bulls stepped in and pushed the price higher to close in the green at $47.79 with a gain of 0.76% for the day. The total traded volume for the day was 3,597,526. The stock had closed at $47.43 in the previous trading session.
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.