NYSE:ALBChemicals
Has Albemarle (ALB) Run Too Far After Its 1-Year 117.9% Share Price Surge
If you are wondering whether Albemarle is still attractively priced after its recent run, this article will walk through what the current share price might be implying about value.
The stock last closed at US$189.51, with returns of 16.2% over 7 days, 26.3% over 30 days, 31.7% year to date, 117.9% over 1 year, a 29.7% decline over 3 years and 23.6% over 5 years. This points to a mix of recent momentum and a tougher multi year patch.
Recent news around Albemarle has focused on lithium market...