According to the latest stock data, investors are looking at Albemarle Corporation (NYSE:ALB)’s short data and trying to figure out market sentiment on which way the market thinks the stock is moving. The firm has 12.41% of total shares float short, yielding a short ratio of 9.58.
When it comes to securing profits in the stock market, investors may be trying to find a perfect system to help attain that goal. Dedicated investors may try strategies that have been passed on to them from other seasoned investors. Even after reading every piece of literature about investing, it might be hard to figure out which way is the best way to successfully conquer the market. Studying up on company fundamentals and following technical stock levels can be a good place to start, but creating and implementing a plan can be difficult. As we all know, markets change over time. What drives a market during one point in time may not drive the market at a future date. Knowing what to look for when studying technical levels or fundamentals may help lead down the path to increased profits. Many investors will choose to study the indicators with the highest probability of forecasting future market action.
When investors engage in short selling or “shorting a stock”, they actually borrow shares from an existing owner, sell the borrowed shares at market price, and take the cash. The short sellers then promise to replace the stock in the future and makes dividend payments out of their own pockets to cover the dividend income that is no longer exists on the original, now borrowed and sold, shares.
They hope that the stock price will fall or that the company will fail and go bankrupt, leading the equity holders to ruin. The short sellers will then buy the stock back at a much lower price and replace the borrowed shares, pocketing the difference.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, Albemarle Corporation (NYSE:ALB)’s stock was -24.46%. Over the last week of the month, it was -4.33%, -0.29% over the last quarter, and 3.85% for the past six months.
Over the past 50 days, Albemarle Corporation stock’s -11.16% off of the high and 4.27% removed from the low. Their 52-Week High and Low are noted here. -30.33% away from the high and 11.37% from the low.
The consensus analysts recommendation at this point stands at 2.10 on Albemarle Corporation (NYSE:ALB). This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell. The same analysts are predicting that the company shares will trade to $124.62 within the next 12-18 months.
Investors are commonly striving to make the best possible decisions when picking stocks. This may involve doing plenty of market research. Keeping track of all the different company and global economic news can be head spinning at times. Investors who are able to stay focused and keep the important data at the forefront might be able to build a solid foundation for making those tough investment decisions in the future. Investors who continuously pick stocks without doing the proper research and analysis may find themselves in a pickle when the going gets tough.