Huntsman Corporation (HUN) : Traders are bullish on Huntsman Corporation (HUN) as it has outperformed the S&P 500 by a margin of 2.36% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.47%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.09% in the last 1 week, and is up 9.27% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Huntsman Corporation (NYSE:HUN): The stock opened at $15.75 on Friday but the bulls could not build on the opening and the stock topped out at $15.90 for the day. The stock traded down to $15.59 during the day, due to lack of any buying support eventually closed down at $15.79 with a loss of -0.63% for the day. The stock had closed at $15.89 on the previous day. The total traded volume was 1,724,135 shares.
The stock has recorded a 20-day Moving Average of 8.65% and the 50-Day Moving Average is 6.6%. Huntsman Corporation is up 4.57% in the last 3-month period. Year-to-Date the stock performance stands at 41.47%.
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.