Shares of Westlake Chemical Corporation (NYSE:WLK) traded at a new 52-week high today of $106.47. Approximately 106,000 shares have changed hands today, as compared to an average 30-day volume of 484,000 shares.
Based on a current price of $105.15, Westlake Chemical Corporation is currently 23.1% above its average consensus analyst price target of $80.90.
Over the past year, Westlake Chemical Corporation has traded in a range of $49.66 to $106.47 and is now at $105.15, 112% above that low.
Westlake Chemical Corp is a vertically integrated manufacturer and marketer of basic chemicals, vinyls, polymers and building products. Its products are used for flexible and rigid packaging, automotive products, coatings, water treatment, refrigerants, residential and commercial construction and others. The company operates in the business segments of Olefins and Vinyls. The Olefins segment manufactures and markets polyethylene, styrene monomer and various ethylene co-products. The Vinyl segment manufactures and markets polyvinyl chloride, vinyl chloride monomer, ethylene dichloride, chlor-alkali, chlorinated derivative products, and ethylene. It sells products across the United States and around the world, of which a majority of the revenue is derived from the United States.
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