NYSE:ALBChemicals
Does Albemarle (ALB) Still Justify Its Valuation After A 90% One-Year Share Price Surge?
If you are wondering whether Albemarle's share price still reflects its true worth, you are not alone. Many investors are asking if the current price lines up with the fundamentals.
The stock last closed at US$161.29, with recent returns of 12.1% over 7 days, 21.1% over 30 days, 12.1% year to date and 90.3% over the past year, while the 3 year and 5 year returns stand at 30.4% and 5.0% declines respectively.
Recent coverage around Albemarle has focused on its role as a major lithium producer...