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Why Is It Moving? Analyzing The Downward Movement in Albemarle's Stock Today

March 1, 2021 10:49 am
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Albemarle's Stock Price And Volume Action

Albemarle (NYSE:ALB) is currently down 1.63% to a price of $152.69. Monday the stock has been traded at a volume of 669.27 thousand, about 28.86% of its recent 30-day volume average of 2.32 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 Loop Capital upgraded the stock from Buy to Hold and raised its price target from $174 to $186 per share.

Perspective On Recent Price Action

The 50-day moving average price of Albemarle's stock was $161.36 when this article was published. The stock reached a high of $188.35 and a low of $48.89 in the past 52 weeks.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.

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