Shares of Huntsman Corporation (NYSE:HUN) traded today at $38.51, eclipsing its 52-week high. This new high was reached on below average trading volume as 452,000 shares traded hands, while the average 30-day volume is approximately 1.9 million shares.
Potential upside of 30.2% exists for Huntsman Corporation, based on a current level of $38.40 and analysts’ average consensus price target of $50.00.
In the past 52 weeks, Huntsman Corporation share prices are bracketed by a low of $24.09 and a high of $38.51 and is now at $38.40, 59% above that low price.
Huntsman Corp is a US-based manufacturer of differentiated organic chemical products. Its product portfolio comprises methyl diphenyl diisocyanate (MDI), amines, surfactants, maleic anhydride, epoxy-based polymer formulations, textile chemicals, dyes, and others. The company’s products are used in adhesives, aerospace, automotive, construction products, among others. Its operating segments are Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. It derives most of its revenue from the Polyurethanes segment, which includes MDI, polyols, TPU(thermoplastic polyurethane), and other polyurethane-related products. Its geographical segments are the United States & Canada, Europe, Asia- Pacific, and the Rest of the world.
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