Shares of Trinseo S.A. (NYSE:TSE) traded today at $69.81, eclipsing its 52-week high. So far today approximately 351,000 shares have been exchanged, as compared to an average 30-day volume of 396,000 shares.
In the past 52 weeks, Trinseo S.A. share prices are bracketed by a low of $14.16 and a high of $69.81 and is now at $68.34, 383% above that low price.
Trinseo SA manufactures synthetic rubber, latex, and plastics products in six segments. latex binders produces binding latex for artificial turf and carpet. The firm manufactures synthetic rubber, used in tires and footwear, in its synthetic rubber segment. Performance plastics creates plastic blends for automotive end markets and consumer products. The polystyrene segment makes polystyrene, which clients use to construct appliances and disposable packaging. The company creates styrene monomer, used to create plastic, in its feedstocks segment. Trinseo and Chevron Phillips co-own the Americas styrenics segment, in which they manufacture polystyrene and styrene monomer for North America. The majority of revenue comes from Europe.
Based on a current price of $68.34, Trinseo S.A. is currently 5.3% above its average consensus analyst price target of $64.71.
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