Shares of Huntsman Receive a Boost, Up 2.0%

Published on Mon, 07/13/2015 - 13:37
By Robert Cotter in Market movers, HUN, huntsman, market movers, nyse:hun

Up 2.0% to $21.56, Huntsman (NYSE:HUN), is one of today's notable movers. The Dow is up 1.0% to 17,936 and the S&P is currently up 0.9% to 2,095.

Huntsman share prices have moved between a 52-week high of $29.33 and a 52-week low of $20.36 and are now trading 6% above that low price at $21.56 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.8% while the 200-day MA has slid 0.7%.

Huntsman Corporation manufactures differentiated and commodity chemical products. The Company markets a broad range of chemical products and formulations to a diversified group of consumer and industrial customers. Huntsman's products are used in a range of applications, including those in adhesives, aerospace, automotive, construction products, and consumer products.

Huntsman has overhead space with shares priced $21.56, or 26.0% below the average consensus analyst price target of $29.15. The stock should run into initial resistance at its 50-day moving average (MA) of $22.55 and subsequent resistance at its 200-day MA of $23.10.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Recent 52-Week Low Surpassed in Shares o...

Cinedigm Digital Cinema (NASDAQ:CIDM) traded at a new 52-week low today of $0.51. So f ...

Tidewater Makes a Move: Up 2.2%...

Tidewater (NYSE:TDW) is a company whose shares are active, trading 2.2% higher to $17.3 ...

Buyers Accumulate Shares of KBR, Up 2.2%...

Up 2.2% to $17.63, KBR (NYSE:KBR), is one of today's notable movers. The Dow Jones Ind ...

Stock Investors Bid Up Shares of Energen...

One of today's notable stocks on the rise is Energen (NYSE:EGN), up 2.2% to $51.48. Th ...

Transmontaigne Partners Shares Climbing ...

One of today's stocks on the move is Transmontaigne Partners (NYSE:TLP), up 2.2% to $32 ...

Buyers Accumulate Shares of Pan American...

One of today's notable stocks on the rise is Pan American Silver (NASDAQ:PAAS), up 2.2% ...

Buyers Accumulate Shares of Flotek Indus...

Up 2.2% to $18.77, Flotek Industries (NYSE:FTK), is one of today's notable movers. The ...

ITT Makes a Move: Up 2.2%...

ITT (NYSE:ITT) is one of today's biggest movers, up 2.2% to $37.54. The S&P is current ...