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.
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