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Why Is It Moving? Looking At Albemarle's Price Action Today

January 5, 2021 10:40 am
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Why Is It Moving? Looking At Albemarle's Price Action Today

Albemarle’s Stock Price And Volume Action

Albemarle’s (NYSE:ALB) stock has been rising Tuesday, up 8.78% to a price of $165.35. Tuesday the stock has been traded at a volume of 648.44 thousand, about 50.08% of its recent 30-day volume average of 1.29 million.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Albemarle shares are trading higher after Evercore ISI Group shares upgraded the stock from Underperform to In-Line and announced a price target of $160 per share.

Further Analysis of Recent Price Action

The moving average price of the stock over the past 50 days was $126.84 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $156.76 and as low as $48.89.

If you’re looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving’ alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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