In Thursday’s Wall Street session, Huntsman Corp (NYSE:HUN) shares traded at $17.81, up 2.00% from the previous session.
HUN stock price is now 3.27% away from the 50-day moving average and -14.90% away from the 200-day moving average. The market capitalization of the company currently stands at $3.08B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
On June 07, 2024, JP Morgan Upgraded its previous ‘Underweight’ rating to ‘Overweight’ on the stock increasing its target price from $22 to quote $27, while ‘Wells Fargo’ rates the stock as ‘Overweight’
In other news, Huntsman Peter R, Chairman, President & CEO bought 15,000 shares of the company’s stock on Mar 03 ’25. The stock was bought for $247,500 at an average price of $16.50. Upon completion of the transaction, the Chairman, President & CEO now directly owns 6,498,227 shares in the company, valued at $115.73 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’25, Chairman, President & CEO Huntsman Peter R bought 15,000 shares of the business’s stock. A total of $235,905 was incurred on buying the stock at an average price of $15.73. This leaves the insider owning 6,513,227 shares of the company worth $116.0 million. A total of 5.63% of the company’s stock is owned by insiders.
During the past 12 months, Huntsman Corp has had a low of $15.46 and a high of $27.01. As of last week, the company has a debt-to-equity ratio of 0.76, a current ratio of 1.36, and a quick ratio of 0.77.
The net profit margin was -2.68% and return on equity was -5.22% for HUN. The company reported revenue of $1.45 billion for the quarter, compared to $1.4 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.49 percent.
