Huntsman Corporation (HUN) has risen sharply, recording gains of 9.83% in the past 4 weeks. However, the stock has corrected -0.41% in the past 1 week, providing a good buying opportunity on dips. Huntsman Corporation (HUN) : Traders are bullish on Huntsman Corporation (HUN) as it has outperformed the S&P 500 by a wide margin of 10.06% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.25%, relative to the S&P 500.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 3.64% and the fifty day Moving Average is 9.48%. Huntsman Corporation is up 13.35% in the last three month period. Year-to-Date the stock performance stands at 52.13%.
Huntsman Corporation (HUN) : The highest level Huntsman Corporation (HUN) is projected to reach is $20 for the short term and the lowest estimate is at $19. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $19.5 and the possibility the share price can swing is $0.71.
Huntsman Corporation (NYSE:HUN): On Fridays trading session , Opening price of the stock was $17.23 with an intraday high of $17.44. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $16.85. However, the stock managed to close at $16.98, a loss of 0.76% for the day. On the previous day, the stock had closed at $17.11. The total traded volume of the day was 1,802,533 shares.
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.