Huntsman Corporation (HUN) Shares are Up 2.59%

Huntsman Corporation (HUN) : Traders are bullish on Huntsman Corporation (HUN) as it has outperformed the S&P 500 by a wide margin of 7.32% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.15%, 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 2.59% in the last 1 week, and is up 9.99% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Huntsman Corporation (NYSE:HUN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.68 and $15.60 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.12. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.86, notching a gain of 1.60% for the day. The total traded volume was 4,247,077 . The stock had closed at $15.61 on the previous day.

The stock has recorded a 20-day Moving Average of 2.19% and the 50-Day Moving Average is 4.87%. Huntsman Corporation is up 7.73% in the last 3-month period. Year-to-Date the stock performance stands at 42.09%.

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 $12. The consolidated price target from 3 rating analysts who initiate coverage on the stock is $17 and the possibility the share price can swing is $4.36.


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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.