Huntsman Corporation (HUN, Financial), a U.S.-based manufacturer of differentiated organic chemical products, saw its stock rise significantly by 5.01%. The latest trading recorded the stock price at $17.62 per share, with a trading volume of 2.41 million shares and a turnover rate of 1.39%. The stock's price fluctuation was marked at 3.04%.
Recent financial reports show Huntsman with revenues of $1.54 billion, a net loss of $21 million, and earnings per share (EPS) of -$0.12. The gross profit stood at $234 million, translating to a price-to-earnings (P/E) ratio of -26.26. Currently, no institutional ratings are available for buy, hold, or sell recommendations on the stock.
Within the chemical products industry, Huntsman, along with Origin Materials Inc. and Asp Isotopes Inc., experienced notable increases. Huntsman and Asp Isotopes showed active trading with turnover rates of 1.39% and 0.76%, respectively. Stocks such as Origin Materials displayed significant price swings, reaching 39.60%.
Huntsman operates in segments like polyurethanes, performance products, and advanced materials. Its polyurethane segment, which includes MDI, polyols, and TPU, contributes significantly to its revenue. The company serves markets across the Americas, Europe, Asia-Pacific, and other regions.
Influential news includes an update from Morgan Stanley, which maintained its rating on Huntsman at "hold," adjusting the target price from $24.00 to $20.00, focusing on its polyurethane operations and other chemical products.
